TRESAVEAN VILLA, TRESAVEAN HILL, LANNER MOOR, REDRUTH, TR16 6JQ - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TRESAVEAN VILLA is a large extended detached house of 112m², built sometime before 1900. It was last sold for £300,000 in June 2014, which was around 8% above the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

TRESAVEAN VILLA Sold Prices

Land registry data shows two sales for TRESAVEAN VILLA 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. Both of the two TRESAVEAN VILLA 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
2014 6 JUN	£300,000	£277,730	8% above HPI
1995 17 NOV	£81,000	£71,243	14% above HPI

TRESAVEAN VILLA 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 TRESAVEAN VILLA sales from November 1995 and June 2014 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 November 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is TRESAVEAN VILLA?

TRESAVEAN VILLA is 112m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where TRESAVEAN VILLA lies on this distribution: 69% of detached houses are smaller than TRESAVEAN VILLA, and 31% of houses are larger. Note that EPC data is not available for all properties in Lanner.

TRESAVEAN VILLA: Plot and Title Map

TRESAVEAN VILLA sits on a plot of roughly 0.556 of an acre, or 2,249m². The below map shows the location of TRESAVEAN VILLA, 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 TRESAVEAN VILLA). 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 TRESAVEAN VILLA?

TRESAVEAN VILLA is located on TRESAVEAN HILL in LANNER MOOR, in the TR16 postcode district. The below map shows the position of TRESAVEAN VILLA on TRESAVEAN HILL.