118, THE PADDOCK, REDRUTH, TR15 2BN - £215,000

118 THE PADDOCK is a midsized detached house of 82m², built sometime between 1996 and 2002. It was last sold for £215,000 in February 2013, which was around 19% below the average February 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

118 THE PADDOCK Sold Prices

Land registry data shows four sales for 118 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 118 THE PADDOCK 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
2013 15 FEB	£215,000	£266,912	19% below HPI
2007 17 MAY	£225,000	£286,298	21% below HPI
2002 7 JUN	£115,000	£158,774	28% below HPI
1999 25 NOV	£74,950	£101,894	26% below HPI

118 THE PADDOCK 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 four 118 THE PADDOCK sales between November 1999 and February 2013 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 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 118 THE PADDOCK?

118 THE PADDOCK is 82m² according to the EPC inspection conducted in July 2012. 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 118 THE PADDOCK lies on this distribution: 42% of detached houses are smaller than 118 THE PADDOCK, and 57% of houses are larger. Note that EPC data is not available for all properties in Redruth.

118 THE PADDOCK: Plot and Title Map

118 THE PADDOCK sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 118 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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