118, LANNER HILL, REDRUTH, TR15 2NH - £150,015

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.

118 LANNER HILL is a very small extended semi-detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £183,764. It was last sold for £150,015 in February 2020, which was around 33% below the average February 2020 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

118 LANNER HILL Sold Prices

Land registry data shows two sales for 118 LANNER HILL 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 118 LANNER HILL 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 14 FEB	£150,015	£223,777	33% below HPI
1995 3 MAY	£42,000	£45,924	9% below HPI

118 LANNER HILL 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 118 LANNER HILL sales from May 1995 and February 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 May 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 118 LANNER HILL be worth now?

118 LANNER HILL might now be worth an estimated £183,764.

This is based on house price inflation of 22.5%, between February 2020 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 22.5% inflationary increase is applied to the most recent sale price for 118 LANNER HILL of £150,015 on 14th February 2020. For the value to have increased from £150,015 to £183,764 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 118 LANNER HILL has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2020 sale price of £150,015 represented a fair market value for the property.
• The size, condition, and specification of 118 LANNER HILL has not materially changed since February 2020.

How Large is 118 LANNER HILL?

118 LANNER HILL is 62m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 118 LANNER HILL lies on this distribution: 12% of semi-detached houses houses are smaller than 118 LANNER HILL, and 87% of houses are larger. Note that EPC data is not available for all properties in Redruth.

118 LANNER HILL: Plot and Title Map

118 LANNER HILL sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 118 LANNER HILL, 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 118 LANNER HILL). 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 118 LANNER HILL?

118 LANNER HILL is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 118 on LANNER HILL.