TANGMERE, TREVELYAN ROAD, ILLOGAN, REDRUTH, TR15 3UW - £295,000

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

TANGMERE is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £295,000 in June 2021, which was around 24% below the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

TANGMERE Sold Prices

Land registry data shows four sales for TANGMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four TANGMERE 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
2021 29 JUN	£295,000	£387,509	24% below HPI
2017 3 APR	£169,000	£311,432	46% below HPI
2010 11 JUN	£152,500	£277,907	45% below HPI
2003 30 APR	£162,000	£201,318	20% below HPI

TANGMERE 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 four TANGMERE sales between April 2003 and June 2021 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 April 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is TANGMERE?

TANGMERE is 85m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where TANGMERE lies on this distribution: 34% of detached houses are smaller than TANGMERE, and 65% of houses are larger. Note that EPC data is not available for all properties in Illogan.

TANGMERE: Plot and Title Map

TANGMERE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of TANGMERE, 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 TANGMERE). 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 TANGMERE?

TANGMERE is located on TREVELYAN ROAD in ILLOGAN, in the TR15 postcode district. The below map shows the position of TANGMERE on TREVELYAN ROAD.