1, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £281,000

1 KNIGHTS WAY is a midsized detached house of 85m², built sometime between 1991 and 1995. It was last sold for £281,000 in January 2020, which was around 17% below the average January 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

1 KNIGHTS WAY Sold Prices

Land registry data shows three sales for 1 KNIGHTS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 1 KNIGHTS WAY 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 22 JAN	£281,000	£340,517	17% below HPI
2017 30 AUG	£262,500	£316,709	17% below HPI
2014 15 JUL	£172,000	£281,141	39% below HPI

1 KNIGHTS WAY 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 three 1 KNIGHTS WAY sales between July 2014 and January 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 August 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2020 sale, which was also at 17% below the HPI.

How Large is 1 KNIGHTS WAY?

1 KNIGHTS WAY is 85m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 1 KNIGHTS WAY lies on this distribution: 46% of detached houses are smaller than 1 KNIGHTS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 KNIGHTS WAY: Plot and Title Map

1 KNIGHTS WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 1 KNIGHTS WAY, 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 KNIGHTS WAY). 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 KNIGHTS WAY?

1 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 1 on KNIGHTS WAY.