1, GEW TERRACE, REDRUTH, TR15 1PG - £215,500

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.

1 GEW TERRACE is a midsized extended semi-detached house of 84m², built sometime before 1900, which could now be worth an estimated £197,552. It was last sold for £215,500 in December 2022, which was around 28% below the average December 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

1 GEW TERRACE Sold Prices

Land registry data shows two sales for 1 GEW TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 1 GEW TERRACE 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
2022 9 DEC	£215,500	£299,025	28% below HPI
2013 5 APR	£102,000	£177,266	42% below HPI

1 GEW TERRACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 1 GEW TERRACE sales from April 2013 and December 2022 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 April 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 GEW TERRACE be worth now?

1 GEW TERRACE might now be worth an estimated £197,552.

This is based on house price deflation of 8.3%, between December 2022 and June 2025, for semi-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 8.3% deflationary decrease is applied to the most recent sale price for 1 GEW TERRACE of £215,500 on 9th December 2022. For the value to have decreased from £215,500 to £197,552 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 1 GEW TERRACE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The December 2022 sale price of £215,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GEW TERRACE has not materially changed since December 2022.

How Large is 1 GEW TERRACE?

1 GEW TERRACE is 84m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where 1 GEW TERRACE lies on this distribution: 44% of semi-detached houses houses are smaller than 1 GEW TERRACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 GEW TERRACE: Plot and Title Map

1 GEW TERRACE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 GEW TERRACE, 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 1 GEW TERRACE). 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 1 GEW TERRACE?

1 GEW TERRACE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 1 on GEW TERRACE.