12, BORGWITHA ESTATE, FOUR LANES, REDRUTH, TR16 6QG - £179,000

12 BORGWITHA ESTATE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £179,000 in September 2017, which was around 44% below the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

12 BORGWITHA ESTATE Sold Prices

Land registry data shows two sales for 12 BORGWITHA ESTATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 12 BORGWITHA ESTATE 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
2017 20 SEP	£179,000	£321,865	44% below HPI
2015 14 JUL	£126,000	£297,102	58% below HPI

12 BORGWITHA ESTATE 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 two 12 BORGWITHA ESTATE sales from July 2015 and September 2017 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 July 2015 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the September 2017 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 12 BORGWITHA ESTATE?

12 BORGWITHA ESTATE is 55m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses by size in Four Lanes, and where 12 BORGWITHA ESTATE lies on this distribution: 3% of detached houses are smaller than 12 BORGWITHA ESTATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

12 BORGWITHA ESTATE: Plot and Title Map

12 BORGWITHA ESTATE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 12 BORGWITHA ESTATE, 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 12 BORGWITHA ESTATE). 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 12 BORGWITHA ESTATE?

12 BORGWITHA ESTATE is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 12 on BORGWITHA ESTATE.