TRECEDA, REDMOOR ROAD, KELLY BRAY, CALLINGTON, PL17 8EJ - £395,000

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

TRECEDA is a midsized detached house of 125m², built sometime between 1950 and 1966. It was last sold for £395,000 in June 2021, which was around 2% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

TRECEDA Sold Prices

Land registry data shows four sales for TRECEDA 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. Most of the four TRECEDA sales were for above 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 30 JUN	£395,000	£387,509	2% above HPI
2018 7 DEC	£287,500	£335,595	14% below HPI
2013 10 MAY	£272,000	£268,817	1% above HPI
2002 1 MAY	£182,000	£154,610	18% above HPI

TRECEDA 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 TRECEDA sales between May 2002 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 December 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is TRECEDA?

TRECEDA is 125m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Kelly Bray, based on EPC data. The below chart shows the distribution of detached houses by size in Kelly Bray, and where TRECEDA lies on this distribution: 58% of detached houses are smaller than TRECEDA, and 42% of houses are larger. Note that EPC data is not available for all properties in Kelly Bray.

TRECEDA: Plot and Title Map

TRECEDA sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of TRECEDA, 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 TRECEDA). 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 TRECEDA?

TRECEDA is located on REDMOOR ROAD in KELLY BRAY, in the PL17 postcode district. The below map shows the position of TRECEDA on REDMOOR ROAD.