16, BROAD LANE, ILLOGAN, REDRUTH, TR15 3HY - £290,000

16 BROAD LANE is a very large detached house of 139m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2018, which was around 12% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

16 BROAD LANE Sold Prices

Land registry data shows four sales for 16 BROAD LANE 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. Two of the four 16 BROAD LANE sales were for below the average price, whilst one was 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
2018 5 MAR	£290,000	£328,446	12% below HPI
2003 19 DEC	£225,000	£223,843	1% above HPI
2002 14 DEC	£175,000	£193,083	9% below HPI
1995 11 DEC	£71,000	£70,878	Close to HPI

16 BROAD LANE 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 16 BROAD LANE sales between December 1995 and March 2018 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 December 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 BROAD LANE?

16 BROAD LANE is 139m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where 16 BROAD LANE lies on this distribution: 84% of detached houses are smaller than 16 BROAD LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Illogan.

16 BROAD LANE: Plot and Title Map

16 BROAD LANE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 16 BROAD 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 16 BROAD 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 16 BROAD LANE?

16 BROAD LANE is located in ILLOGAN, in the TR15 postcode district. The below map shows the position of No. 16 on BROAD LANE.