HOMELEIGH, CLIFTON ROAD, PARK BOTTOM, REDRUTH, TR15 3UA - £395,000

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

HOMELEIGH is a midsized detached house of 104m², built sometime between 1950 and 1966. It was last sold for £395,000 in June 2024, which was around 9% below the average June 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

HOMELEIGH Sold Prices

Land registry data shows five sales for HOMELEIGH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five HOMELEIGH 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
2024 3 JUN	£395,000	£432,038	9% below HPI
2018 30 APR	£235,000	£323,926	27% below HPI
2014 18 DEC	£207,500	£289,231	28% below HPI
2011 28 JUN	£110,000	£264,650	58% below HPI
1997 31 OCT	£60,000	£85,085	29% below HPI

HOMELEIGH 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 five HOMELEIGH sales between October 1997 and June 2024 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 April 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is HOMELEIGH?

HOMELEIGH is 104m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where HOMELEIGH lies on this distribution: 57% of detached houses are smaller than HOMELEIGH, and 42% of houses are larger. Note that EPC data is not available for all properties in Illogan.

HOMELEIGH: Plot and Title Map

HOMELEIGH sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of HOMELEIGH, 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 HOMELEIGH). 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 HOMELEIGH?

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