16, THE PADDOCK, REDRUTH, TR15 2AG - £144,000

16 THE PADDOCK is a very small detached house of 53m², built sometime between 1991 and 1995. It was last sold for £144,000 in January 2012, which was around 47% below the average January 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

16 THE PADDOCK Sold Prices

Land registry data shows three sales for 16 THE PADDOCK 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 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
2012 17 JAN	£144,000	£269,821	47% below HPI
2001 11 SEP	£74,500	£136,925	46% below HPI
1996 27 SEP	£39,950	£74,657	46% below HPI

16 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 three 16 THE PADDOCK sales between September 1996 and January 2012 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 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2012 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 16 THE PADDOCK?

16 THE PADDOCK is 53m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 THE PADDOCK lies on this distribution: 2% of detached houses are smaller than 16 THE PADDOCK, and 98% of houses are larger. Note that EPC data is not available for all properties in Redruth.

16 THE PADDOCK: Plot and Title Map

16 THE PADDOCK sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 16 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 16 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 16 THE PADDOCK?

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