WOODLANDS, TOLSKITHY LANE, ILLOGAN HIGHWAY, REDRUTH, TR15 3LL - £292,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WOODLANDS is a very large detached house of 148m², built sometime from 2007 onwards, which could now be worth an estimated £428,707. It was last sold for £292,950 in January 2008, which was around 3% below the average January 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

WOODLANDS Sold Prices

Land registry data shows two sales for WOODLANDS 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 WOODLANDS 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
2008 18 JAN	£292,950	£303,402	3% below HPI
2006 8 MAY	£155,000	£272,057	43% below HPI

WOODLANDS 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 WOODLANDS sales from May 2006 and January 2008 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 May 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2008 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might WOODLANDS be worth now?

WOODLANDS might now be worth an estimated £428,707.

This is based on house price inflation of 46.3%, between January 2008 and December 2024, 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 46.3% inflationary increase is applied to the most recent sale price for WOODLANDS of £292,950 on 18th January 2008. For the value to have increased from £292,950 to £428,707 over the fifteen years and one month to December 2024, the following assumptions must hold true:

• The value of WOODLANDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2008 sale price of £292,950 represented a fair market value for the property.
• The size, condition, and specification of WOODLANDS has not materially changed since January 2008.

How Large is WOODLANDS?

WOODLANDS is 148m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where WOODLANDS lies on this distribution: 88% of detached houses houses are smaller than WOODLANDS, and 12% of houses are larger. Note that EPC data is not available for all properties in Redruth.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 294.5 acres, or 1,191,724m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on TOLSKITHY LANE in ILLOGAN HIGHWAY, in the TR15 postcode district. The below map shows the position of WOODLANDS on TOLSKITHY LANE.