SOLCETT, WEST TOLGUS, REDRUTH, TR15 3TN - £312,500

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.

SOLCETT is a very large extended detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £489,916. It was last sold for £312,500 in September 2011, which was around 12% above the average September 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

SOLCETT Sold Prices

Land registry data shows two sales for SOLCETT 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. One of the two SOLCETT sales was for above the average price, whilst the other was 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
2011 26 SEP	£312,500	£278,894	12% above HPI
1998 27 FEB	£75,950	£87,350	13% below HPI

SOLCETT 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 SOLCETT sales from February 1998 and September 2011 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 February 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2011 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might SOLCETT be worth now?

SOLCETT might now be worth an estimated £489,916.

This is based on house price inflation of 56.8%, between September 2011 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 56.8% inflationary increase is applied to the most recent sale price for SOLCETT of £312,500 on 26th September 2011. For the value to have increased from £312,500 to £489,916 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of SOLCETT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2011 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of SOLCETT has not materially changed since September 2011.

How Large is SOLCETT?

SOLCETT is 134m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% 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 SOLCETT lies on this distribution: 80% of detached houses houses are smaller than SOLCETT, and 19% of houses are larger. Note that EPC data is not available for all properties in Illogan.

SOLCETT: Plot and Title Map

SOLCETT sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of SOLCETT, 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 SOLCETT). 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 SOLCETT?

SOLCETT is located in WEST TOLGUS, in the TR15 postcode district. The below map shows the position of SOLCETT in WEST TOLGUS.