RONDO, SANDY LANE, REDRUTH, TR15 2DN - £187,500

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

RONDO is a small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £187,500 in July 2017, which was around 40% below the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

RONDO Sold Prices

Land registry data shows three sales for RONDO since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three RONDO 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
2017 13 JUL	£187,500	£312,780	40% below HPI
2016 26 MAY	£120,000	£304,401	61% below HPI
2000 10 FEB	£69,000	£104,617	34% below HPI

RONDO 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 three RONDO sales between February 2000 and July 2017 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 May 2016 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the July 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is RONDO?

RONDO is 76m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where RONDO lies on this distribution: 32% of detached houses are smaller than RONDO, and 66% of houses are larger. Note that EPC data is not available for all properties in Redruth.

RONDO: Plot and Title Map

RONDO sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of RONDO, 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 RONDO). 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 RONDO?

RONDO is located on SANDY LANE in REDRUTH, in the TR15 postcode district. The below map shows the position of RONDO on SANDY LANE.