WHEAL FORTUNE LODGE, WHEAL FORTUNE LANE, ILLOGAN HIGHWAY, REDRUTH, TR15 3ND - £250,000

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

WHEAL FORTUNE LODGE is a large detached house of 111m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2003, which was around 16% above the average August 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

WHEAL FORTUNE LODGE Sold Prices

Land registry data shows two sales for WHEAL FORTUNE LODGE 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 WHEAL FORTUNE LODGE 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
2003 15 AUG	£250,000	£214,852	16% above HPI
1997 27 MAR	£85,000	£77,975	9% above HPI

WHEAL FORTUNE LODGE 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 WHEAL FORTUNE LODGE sales from March 1997 and August 2003 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 March 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2003 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is WHEAL FORTUNE LODGE?

WHEAL FORTUNE LODGE is 111m² according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Illogan Highway, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan Highway, and where WHEAL FORTUNE LODGE lies on this distribution: 74% of detached houses are smaller than WHEAL FORTUNE LODGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Illogan Highway.

WHEAL FORTUNE LODGE: Plot and Title Map

WHEAL FORTUNE LODGE sits on a plot of roughly 0.471 of an acre, or 1,907m². The below map shows the location of WHEAL FORTUNE LODGE, 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 WHEAL FORTUNE LODGE). 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 WHEAL FORTUNE LODGE?

WHEAL FORTUNE LODGE is located on WHEAL FORTUNE LANE in ILLOGAN HIGHWAY, in the TR15 postcode district. The below map shows the position of WHEAL FORTUNE LODGE on WHEAL FORTUNE LANE.