NEW HAVEN, WHEAL TREFUSIS, SOUTH DOWNS, REDRUTH, TR15 2NQ - £257,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NEW HAVEN is a small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £333,935. It was last sold for £257,500 in July 2019, which was around 25% below the average July 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

NEW HAVEN Sold Prices

Land registry data shows four sales for NEW HAVEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four NEW HAVEN 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 1 JUL	£257,500	£342,374	25% below HPI
2010 15 SEP	£170,000	£288,189	41% below HPI
1999 14 JUL	£75,950	£97,957	22% below HPI
1998 30 APR	£73,000	£87,614	17% below HPI

NEW HAVEN 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 four NEW HAVEN sales between April 1998 and July 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 September 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might NEW HAVEN be worth now?

NEW HAVEN might now be worth an estimated £333,935.

This is based on house price inflation of 29.7%, between July 2019 and December 2024, 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 29.7% inflationary increase is applied to the most recent sale price for NEW HAVEN of £257,500 on 1st July 2019. For the value to have increased from £257,500 to £333,935 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of NEW HAVEN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2019 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of NEW HAVEN has not materially changed since July 2019.

How Large is NEW HAVEN?

NEW HAVEN is 80m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 NEW HAVEN lies on this distribution: 40% of detached houses houses are smaller than NEW HAVEN, and 60% of houses are larger. Note that EPC data is not available for all properties in Redruth.

NEW HAVEN: Plot and Title Map

NEW HAVEN sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of NEW HAVEN, 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 NEW HAVEN). 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 NEW HAVEN?

NEW HAVEN is located on WHEAL TREFUSIS in SOUTH DOWNS, in the TR15 postcode district. The below map shows the position of NEW HAVEN on WHEAL TREFUSIS.