RAILWAY COTTAGE, MINERS ROW, REDRUTH, TR15 1NQ - £162,000

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

RAILWAY COTTAGE is a very small extended semi-detached house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £167,806. It was last sold for £162,000 in February 2024, which was around 43% below the average February 2024 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

RAILWAY COTTAGE Sold Prices

Land registry data shows two sales for RAILWAY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two RAILWAY COTTAGE 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 29 FEB	£162,000	£283,217	43% below HPI
2019 21 OCT	£139,950	£225,293	38% below HPI

RAILWAY COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two RAILWAY COTTAGE sales from October 2019 and February 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 October 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might RAILWAY COTTAGE be worth now?

RAILWAY COTTAGE might now be worth an estimated £167,806.

This is based on house price inflation of 3.6%, between February 2024 and December 2024, for semi-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 3.6% inflationary increase is applied to the most recent sale price for RAILWAY COTTAGE of £162,000 on 29th February 2024. For the value to have increased from £162,000 to £167,806 over the two months to December 2024, the following assumptions must hold true:

• The value of RAILWAY COTTAGE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2024 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of RAILWAY COTTAGE has not materially changed since February 2024.

How Large is RAILWAY COTTAGE?

RAILWAY COTTAGE is 60m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where RAILWAY COTTAGE lies on this distribution: 10% of semi-detached houses houses are smaller than RAILWAY COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redruth.

RAILWAY COTTAGE: Plot and Title Map

RAILWAY COTTAGE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of RAILWAY COTTAGE, 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 RAILWAY COTTAGE). 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 RAILWAY COTTAGE?

RAILWAY COTTAGE is located on MINERS ROW in REDRUTH, in the TR15 postcode district. The below map shows the position of RAILWAY COTTAGE on MINERS ROW.