38, DRUMP ROAD, REDRUTH, TR15 1PP - £171,000

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.

38 DRUMP ROAD is a midsized extended semi-detached house of 87m², built sometime before 1900, which could now be worth an estimated £226,837. It was last sold for £171,000 in June 2019, which was around 21% below the average June 2019 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

38 DRUMP ROAD Sold Prices

Land registry data shows three sales for 38 DRUMP ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 38 DRUMP ROAD 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 14 JUN	£171,000	£217,295	21% below HPI
1999 15 OCT	£59,000	£62,415	5% below HPI
1998 13 FEB	£45,500	£54,283	16% below HPI

38 DRUMP ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 38 DRUMP ROAD sales between February 1998 and June 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 October 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 38 DRUMP ROAD be worth now?

38 DRUMP ROAD might now be worth an estimated £226,837.

This is based on house price inflation of 32.7%, between June 2019 and February 2025, for semi-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 32.7% inflationary increase is applied to the most recent sale price for 38 DRUMP ROAD of £171,000 on 14th June 2019. For the value to have increased from £171,000 to £226,837 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 38 DRUMP ROAD has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The June 2019 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 38 DRUMP ROAD has not materially changed since June 2019.

How Large is 38 DRUMP ROAD?

38 DRUMP ROAD is 87m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where 38 DRUMP ROAD lies on this distribution: 49% of semi-detached houses houses are smaller than 38 DRUMP ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Redruth.

38 DRUMP ROAD: Plot and Title Map

38 DRUMP ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 38 DRUMP 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 38 DRUMP 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 38 DRUMP ROAD?

38 DRUMP ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 38 on DRUMP ROAD.