HIGHER ORCHARD, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £389,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HIGHER ORCHARD is a very large detached house of 129m², which could now be worth an estimated £377,055. It was last sold for £389,950 in April 2023, which was around 14% below the average April 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

HIGHER ORCHARD Sold Prices

Land registry data shows three sales for HIGHER ORCHARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three HIGHER ORCHARD 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
2023 14 APR	£389,950	£452,184	14% below HPI
2021 15 OCT	£323,125	£404,154	20% below HPI
2019 12 JUL	£299,950	£342,374	12% below HPI

HIGHER ORCHARD 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 three HIGHER ORCHARD sales between July 2019 and April 2023 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 October 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might HIGHER ORCHARD be worth now?

HIGHER ORCHARD might now be worth an estimated £377,055.

This is based on house price deflation of 3.3%, between April 2023 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% deflationary decrease is applied to the most recent sale price for HIGHER ORCHARD of £389,950 on 14th April 2023. For the value to have decreased from £389,950 to £377,055 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of HIGHER ORCHARD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2023 sale price of £389,950 represented a fair market value for the property.
• The size, condition, and specification of HIGHER ORCHARD has not materially changed since April 2023.

How Large is HIGHER ORCHARD?

HIGHER ORCHARD is 129m² according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where HIGHER ORCHARD lies on this distribution: 83% of detached houses houses are smaller than HIGHER ORCHARD, and 16% of houses are larger. Note that EPC data is not available for all properties in Redruth.

HIGHER ORCHARD: Plot and Title Map

HIGHER ORCHARD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of HIGHER ORCHARD, 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 HIGHER ORCHARD). 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 HIGHER ORCHARD?

HIGHER ORCHARD is located on KNIGHTS WAY in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of HIGHER ORCHARD on KNIGHTS WAY.