THE NOOK, BRIDGE ROAD, ILLOGAN, REDRUTH, TR16 4SA - £165,000

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

THE NOOK is a large extended detached house of 133m², built sometime before 1900. It was last sold for £165,000 in December 2010, which was around 41% below the average December 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was G, and the potential energy rating was G.

THE NOOK Sold Prices

Land registry data shows three sales for THE NOOK 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 THE NOOK 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
2010 10 DEC	£165,000	£281,195	41% below HPI
2000 14 JUL	£88,000	£114,703	23% below HPI
1996 15 APR	£39,000	£70,032	44% below HPI

THE NOOK 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 THE NOOK sales between April 1996 and December 2010 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 July 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2010 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE NOOK?

THE NOOK is 133m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where THE NOOK lies on this distribution: 79% of detached houses are smaller than THE NOOK, and 21% of houses are larger. Note that EPC data is not available for all properties in Illogan.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on BRIDGE ROAD in ILLOGAN, in the TR16 postcode district. The below map shows the position of THE NOOK on BRIDGE ROAD.