TREZA, FOUR LANES, REDRUTH, TR16 6QW - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TREZA is a large extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £294,128. It was last sold for £210,000 in March 2016, which was around 33% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

TREZA Sold Prices

Land registry data shows two sales for TREZA 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 TREZA 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
2016 22 MAR	£210,000	£312,172	33% below HPI
2003 2 OCT	£152,500	£224,257	32% below HPI

TREZA 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 TREZA sales from October 2003 and March 2016 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 October 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might TREZA be worth now?

TREZA might now be worth an estimated £294,128.

This is based on house price inflation of 40.1%, between March 2016 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.1% inflationary increase is applied to the most recent sale price for TREZA of £210,000 on 22nd March 2016. For the value to have increased from £210,000 to £294,128 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of TREZA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of TREZA has not materially changed since March 2016.

How Large is TREZA?

TREZA is 103m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Lanes, and where TREZA lies on this distribution: 74% of detached houses houses are smaller than TREZA, and 26% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

TREZA: Plot and Title Map

TREZA sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of TREZA, 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 TREZA). 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 TREZA?

TREZA is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of TREZA in FOUR LANES.