12, SPARNON HILL, REDRUTH, TR15 2RH - £140,500

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.

12 SPARNON HILL is a midsized extended terraced house of 87m², built sometime before 1900, which could now be worth an estimated £180,492. It was last sold for £140,500 in December 2017, which was around 20% below the average December 2017 terraced price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

12 SPARNON HILL Sold Prices

Land registry data shows two sales for 12 SPARNON HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 12 SPARNON 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
2017 8 DEC	£140,500	£174,805	20% below HPI
2000 8 SEP	£55,000	£59,069	7% below HPI

12 SPARNON HILL 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 two 12 SPARNON HILL sales from September 2000 and December 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 September 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 SPARNON HILL be worth now?

12 SPARNON HILL might now be worth an estimated £180,492.

This is based on house price inflation of 28.5%, between December 2017 and June 2025, 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 28.5% inflationary increase is applied to the most recent sale price for 12 SPARNON HILL of £140,500 on 8th December 2017. For the value to have increased from £140,500 to £180,492 over the eight years and six months to June 2025, the following assumptions must hold true:

• The value of 12 SPARNON HILL has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2017 sale price of £140,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SPARNON HILL has not materially changed since December 2017.

How Large is 12 SPARNON HILL?

12 SPARNON HILL is 87m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 12 SPARNON HILL lies on this distribution: 48% of terraced houses houses are smaller than 12 SPARNON HILL, and 51% of houses are larger. Note that EPC data is not available for all properties in Redruth.

12 SPARNON HILL: Plot and Title Map

12 SPARNON HILL sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 12 SPARNON 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 12 SPARNON 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 12 SPARNON HILL?

12 SPARNON HILL is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 12 on SPARNON HILL.