KOTH GWETHI, POND LANE, REDRUTH, TR15 1BQ - £76,000

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

KOTH GWETHI is a large extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £76,000 in July 2006, which was around 72% below the average July 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

KOTH GWETHI Sold Prices

Land registry data shows two sales for KOTH GWETHI 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 KOTH GWETHI 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
2006 21 JUL	£76,000	£269,302	72% below HPI
2003 27 MAY	£20,000	£205,598	90% below HPI

KOTH GWETHI 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 KOTH GWETHI sales from May 2003 and July 2006 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 May 2003 sale was for 90% below the HPI. So the extrapolation line tracks at 90% below the HPI over time, until the July 2006 sale, where it rises to 72% below the HPI. The line then continues to track at 72% below the HPI.

How Large is KOTH GWETHI?

KOTH GWETHI is 103m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where KOTH GWETHI lies on this distribution: 66% of detached houses are smaller than KOTH GWETHI, and 33% of houses are larger. Note that EPC data is not available for all properties in Redruth.

KOTH GWETHI: Plot and Title Map

KOTH GWETHI sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of KOTH GWETHI, 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 KOTH GWETHI). 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 KOTH GWETHI?

KOTH GWETHI is located on POND LANE in REDRUTH, in the TR15 postcode district. The below map shows the position of KOTH GWETHI on POND LANE.