GREENWAYS, CLIFTON ROAD, PARK BOTTOM, REDRUTH, TR15 3UA - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREENWAYS is a midsized detached house of 107m², built sometime between 1950 and 1966. It was last sold for £285,000 in December 2019, which was around 17% below the average December 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows two sales for GREENWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two GREENWAYS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 19 DEC	£285,000	£341,511	17% below HPI
1997 29 JAN	£56,500	£76,629	26% below HPI

GREENWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two GREENWAYS sales from January 1997 and December 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is GREENWAYS?

GREENWAYS is 107m² according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where GREENWAYS lies on this distribution: 60% of detached houses are smaller than GREENWAYS, and 39% of houses are larger. Note that EPC data is not available for all properties in Illogan.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of GREENWAYS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GREENWAYS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GREENWAYS?

GREENWAYS is located on CLIFTON ROAD in PARK BOTTOM, in the TR15 postcode district. The below map shows the position of GREENWAYS on CLIFTON ROAD.