SOUTHERNWOOD, RAYMOND ROAD, REDRUTH, TR15 2HD - £260,000

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

SOUTHERNWOOD is a small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £260,000 in October 2003, which was around 18% above the average October 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

SOUTHERNWOOD Sold Prices

Land registry data shows three sales for SOUTHERNWOOD 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. One of the three SOUTHERNWOOD sales was for above the average price, whilst two 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
2003 9 OCT	£260,000	£220,779	18% above HPI
1998 29 MAY	£76,000	£87,601	13% below HPI
1997 14 FEB	£77,000	£77,551	1% below HPI

SOUTHERNWOOD 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 SOUTHERNWOOD sales between February 1997 and October 2003 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2003 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SOUTHERNWOOD?

SOUTHERNWOOD is 71m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 SOUTHERNWOOD lies on this distribution: 24% of detached houses are smaller than SOUTHERNWOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Redruth.

SOUTHERNWOOD: Plot and Title Map

SOUTHERNWOOD sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of SOUTHERNWOOD, 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 SOUTHERNWOOD). 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 SOUTHERNWOOD?

SOUTHERNWOOD is located on RAYMOND ROAD in REDRUTH, in the TR15 postcode district. The below map shows the position of SOUTHERNWOOD on RAYMOND ROAD.