ROBMAL, BARNCOOSE LANE, ILLOGAN HIGHWAY, REDRUTH, TR15 3EL - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROBMAL is a large extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £165,000 in June 2005, which was around 36% below the average June 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

ROBMAL Sold Prices

Land registry data shows two sales for ROBMAL 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 ROBMAL 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
2005 15 JUN	£165,000	£258,643	36% below HPI
1999 15 OCT	£53,500	£100,316	47% below HPI

ROBMAL 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 ROBMAL sales from October 1999 and June 2005 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 1999 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2005 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is ROBMAL?

ROBMAL is 115m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where ROBMAL lies on this distribution: 76% of detached houses are smaller than ROBMAL, and 24% of houses are larger. Note that EPC data is not available for all properties in Redruth.

ROBMAL: Plot and Title Map

ROBMAL sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of ROBMAL, 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 ROBMAL). 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 ROBMAL?

ROBMAL is located on BARNCOOSE LANE in ILLOGAN HIGHWAY, in the TR15 postcode district. The below map shows the position of ROBMAL on BARNCOOSE LANE.