16, LOWARTHOW MARGHAS, REDRUTH, TR15 2DZ - £225,000

16 LOWARTHOW MARGHAS is a small detached house of 74m², built sometime from 2007 onwards. It was last sold for £225,000 in March 2015, which was around 22% below the average March 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

16 LOWARTHOW MARGHAS Sold Prices

Land registry data shows three sales for 16 LOWARTHOW MARGHAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 16 LOWARTHOW MARGHAS 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
2015 6 MAR	£225,000	£289,075	22% below HPI
2011 5 DEC	£220,000	£271,239	19% below HPI
2008 23 APR	£223,000	£289,635	23% below HPI

16 LOWARTHOW MARGHAS 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 three 16 LOWARTHOW MARGHAS sales between April 2008 and March 2015 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 LOWARTHOW MARGHAS?

16 LOWARTHOW MARGHAS is 74m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 16 LOWARTHOW MARGHAS lies on this distribution: 30% of detached houses are smaller than 16 LOWARTHOW MARGHAS, and 70% of houses are larger. Note that EPC data is not available for all properties in Redruth.

16 LOWARTHOW MARGHAS: Plot and Title Map

16 LOWARTHOW MARGHAS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 16 LOWARTHOW MARGHAS, 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 LOWARTHOW MARGHAS). 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 LOWARTHOW MARGHAS?

16 LOWARTHOW MARGHAS is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 16 on LOWARTHOW MARGHAS.