PARK VIEW, TREVELYAN ROAD, ILLOGAN, REDRUTH, TR16 4RG - £283,500

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.

PARK VIEW is a large detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £398,088. It was last sold for £283,500 in November 2015, which was around 9% below the average November 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW 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 PARK VIEW 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
2015 6 NOV	£283,500	£311,376	9% below HPI
1997 15 DEC	£85,000	£87,333	3% below HPI

PARK VIEW 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 PARK VIEW sales from December 1997 and November 2015 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 December 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might PARK VIEW be worth now?

PARK VIEW might now be worth an estimated £398,088.

This is based on house price inflation of 40.4%, between November 2015 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 40.4% inflationary increase is applied to the most recent sale price for PARK VIEW of £283,500 on 6th November 2015. For the value to have increased from £283,500 to £398,088 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of PARK VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2015 sale price of £283,500 represented a fair market value for the property.
• The size, condition, and specification of PARK VIEW has not materially changed since November 2015.

How Large is PARK VIEW?

PARK VIEW is 126m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where PARK VIEW lies on this distribution: 77% of detached houses houses are smaller than PARK VIEW, and 23% of houses are larger. Note that EPC data is not available for all properties in Illogan.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on TREVELYAN ROAD in ILLOGAN, in the TR16 postcode district. The below map shows the position of PARK VIEW on TREVELYAN ROAD.