29, LOWER REDANNICK, TRURO, TR1 2JW - £282,500

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.

29 LOWER REDANNICK is a small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £395,763. It was last sold for £282,500 in December 2016, which was around 9% below the average December 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

29 LOWER REDANNICK Sold Prices

Land registry data shows two sales for 29 LOWER REDANNICK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 29 LOWER REDANNICK 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
2016 5 DEC	£282,500	£312,100	9% below HPI
2014 12 DEC	£220,000	£293,788	25% below HPI

29 LOWER REDANNICK 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 two 29 LOWER REDANNICK sales from December 2014 and December 2016 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 29 LOWER REDANNICK be worth now?

29 LOWER REDANNICK might now be worth an estimated £395,763.

This is based on house price inflation of 40.1%, between December 2016 and February 2025, for detached 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 40.1% inflationary increase is applied to the most recent sale price for 29 LOWER REDANNICK of £282,500 on 5th December 2016. For the value to have increased from £282,500 to £395,763 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 29 LOWER REDANNICK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2016 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 29 LOWER REDANNICK has not materially changed since December 2016.

How Large is 29 LOWER REDANNICK?

29 LOWER REDANNICK is 90m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 29 LOWER REDANNICK lies on this distribution: 22% of detached houses houses are smaller than 29 LOWER REDANNICK, and 78% of houses are larger. Note that EPC data is not available for all properties in Truro.

29 LOWER REDANNICK: Plot and Title Map

29 LOWER REDANNICK sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 29 LOWER REDANNICK, 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 29 LOWER REDANNICK). 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 29 LOWER REDANNICK?

29 LOWER REDANNICK is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 29 on LOWER REDANNICK.