31, PARK ROAD, REDRUTH, TR15 2JG - £189,950

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.

31 PARK ROAD is a large extended terraced house of 106m², built sometime before 1900, which could now be worth an estimated £263,213. It was last sold for £189,950 in June 2016, which was around 17% above the average June 2016 terraced price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

31 PARK ROAD Sold Prices

Land registry data shows two sales for 31 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 31 PARK ROAD sales were 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
2016 29 JUN	£189,950	£162,057	17% above HPI
2004 27 JAN	£175,000	£117,497	49% above HPI

31 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 31 PARK ROAD sales from January 2004 and June 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 January 2004 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 31 PARK ROAD be worth now?

31 PARK ROAD might now be worth an estimated £263,213.

This is based on house price inflation of 38.6%, between June 2016 and June 2025, for terraced 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 38.6% inflationary increase is applied to the most recent sale price for 31 PARK ROAD of £189,950 on 29th June 2016. For the value to have increased from £189,950 to £263,213 over the nine years to June 2025, the following assumptions must hold true:

• The value of 31 PARK ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2016 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 31 PARK ROAD has not materially changed since June 2016.

How Large is 31 PARK ROAD?

31 PARK ROAD is 106m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of terraced houses houses in Redruth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redruth, and where 31 PARK ROAD lies on this distribution: 69% of terraced houses houses are smaller than 31 PARK ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Redruth.

31 PARK ROAD: Plot and Title Map

31 PARK ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 31 PARK ROAD, 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 31 PARK ROAD). 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 31 PARK ROAD?

31 PARK ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 31 on PARK ROAD.