1, HIGHLAND PARK, REDRUTH, TR15 2EX - £212,500

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 HIGHLAND PARK is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £265,800. It was last sold for £212,500 in August 2020, which was around 8% below the average August 2020 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

1 HIGHLAND PARK Sold Prices

Land registry data shows two sales for 1 HIGHLAND PARK 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 HIGHLAND PARK 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
2020 26 AUG	£212,500	£230,447	8% below HPI
2002 1 NOV	£105,000	£116,817	10% below HPI

1 HIGHLAND PARK 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 HIGHLAND PARK sales from November 2002 and August 2020 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 HIGHLAND PARK be worth now?

1 HIGHLAND PARK might now be worth an estimated £265,800.

This is based on house price inflation of 25.1%, between August 2020 and February 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 25.1% inflationary increase is applied to the most recent sale price for 1 HIGHLAND PARK of £212,500 on 26th August 2020. For the value to have increased from £212,500 to £265,800 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 1 HIGHLAND PARK has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2020 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HIGHLAND PARK has not materially changed since August 2020.

How Large is 1 HIGHLAND PARK?

1 HIGHLAND PARK is 66m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% 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 HIGHLAND PARK lies on this distribution: 17% of semi-detached houses houses are smaller than 1 HIGHLAND PARK, and 82% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 HIGHLAND PARK: Plot and Title Map

1 HIGHLAND PARK sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 1 HIGHLAND PARK, 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 HIGHLAND PARK). 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 HIGHLAND PARK?

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