ORCHARD HOUSE, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £439,950

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.

ORCHARD HOUSE is a large detached house of 118m², built in 2019, which could now be worth an estimated £488,702. It was last sold for £439,950 in June 2021, which was around 12% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

ORCHARD HOUSE Sold Prices

Land registry data shows two sales for ORCHARD HOUSE 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. One of the two ORCHARD HOUSE sales was for above the average price, whilst the other was 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
2021 23 JUN	£439,950	£393,614	12% above HPI
2019 9 SEP	£80,000	£349,063	77% below HPI

ORCHARD HOUSE 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 ORCHARD HOUSE sales from September 2019 and June 2021 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 2019 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the June 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might ORCHARD HOUSE be worth now?

ORCHARD HOUSE might now be worth an estimated £488,702.

This is based on house price inflation of 11.1%, between June 2021 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 11.1% inflationary increase is applied to the most recent sale price for ORCHARD HOUSE of £439,950 on 23rd June 2021. For the value to have increased from £439,950 to £488,702 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of ORCHARD HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2021 sale price of £439,950 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD HOUSE has not materially changed since June 2021.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 118m² according to the EPC inspection conducted in March 2021. This puts it in the largest 30% 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 ORCHARD HOUSE lies on this distribution: 78% of detached houses houses are smaller than ORCHARD HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Redruth.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of ORCHARD HOUSE, 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 ORCHARD HOUSE). 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 ORCHARD HOUSE?

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