11, COACH LANE, REDRUTH, TR15 2TP - £249,950

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.

11 COACH LANE is a very large extended terraced house of 135m², built sometime between 1900 and 1929, which could now be worth an estimated £315,211. It was last sold for £249,950 in July 2019, which was around 37% above the average July 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

11 COACH LANE Sold Prices

Land registry data shows three sales for 11 COACH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 11 COACH LANE 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
2019 12 JUL	£249,950	£182,857	37% above HPI
2016 27 MAY	£210,000	£166,737	26% above HPI
2008 3 OCT	£165,000	£157,565	5% above HPI

11 COACH LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The three 11 COACH LANE sales between October 2008 and July 2019 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 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2019 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 11 COACH LANE be worth now?

11 COACH LANE might now be worth an estimated £315,211.

This is based on house price inflation of 26.1%, between July 2019 and May 2026, for terraced 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 26.1% inflationary increase is applied to the most recent sale price for 11 COACH LANE of £249,950 on 12th July 2019. For the value to have increased from £249,950 to £315,211 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 11 COACH LANE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The July 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 11 COACH LANE has not materially changed since July 2019.

How Large is 11 COACH LANE?

11 COACH LANE is 135m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of terraced houses houses in Redruth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redruth, and where 11 COACH LANE lies on this distribution: 85% of terraced houses houses are smaller than 11 COACH LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Redruth.

11 COACH LANE: Plot and Title Map

11 COACH LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 11 COACH LANE, 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 11 COACH LANE). 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 11 COACH LANE?

11 COACH LANE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 11 on COACH LANE.