23, THE PADDOCK, REDRUTH, TR15 2AG - £225,000

23 THE PADDOCK is a midsized detached house of 85m². It was last sold for £225,000 in February 2019, which was around 33% below the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

23 THE PADDOCK Sold Prices

Land registry data shows five sales for 23 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 23 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
2019 8 FEB	£225,000	£334,777	33% below HPI
2012 13 AUG	£188,000	£272,110	31% below HPI
2002 18 JUL	£132,000	£165,264	20% below HPI
2001 17 MAY	£89,000	£126,825	30% below HPI
1999 28 MAY	£64,950	£93,617	31% below HPI

23 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 five 23 THE PADDOCK sales between May 1999 and February 2019 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 August 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 THE PADDOCK?

23 THE PADDOCK is 85m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 23 THE PADDOCK lies on this distribution: 47% of detached houses are smaller than 23 THE PADDOCK, and 53% of houses are larger. Note that EPC data is not available for all properties in Redruth.

23 THE PADDOCK: Plot and Title Map

23 THE PADDOCK sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 23 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 23 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 23 THE PADDOCK?

23 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 23 on THE PADDOCK.