ROMINA, NORTH POOL ROAD, REDRUTH, TR15 3JQ - £148,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ROMINA is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £148,000 in December 2013, which was around 46% below the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

ROMINA Sold Prices

Land registry data shows two sales for ROMINA 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 ROMINA 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
2013 17 DEC	£148,000	£275,187	46% below HPI
2007 26 JAN	£175,000	£282,511	38% below HPI

ROMINA 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 ROMINA sales from January 2007 and December 2013 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 January 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is ROMINA?

ROMINA is 64m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where ROMINA lies on this distribution: 8% of detached houses are smaller than ROMINA, and 92% of houses are larger. Note that EPC data is not available for all properties in Illogan.

ROMINA: Plot and Title Map

ROMINA sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of ROMINA, 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 ROMINA). 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 ROMINA?

ROMINA is located on NORTH POOL ROAD in REDRUTH, in the TR15 postcode district. The below map shows the position of ROMINA on NORTH POOL ROAD.