4, CREMBLING WELL, BARNCOOSE, REDRUTH, TR15 3EA - £330,000

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.

4 CREMBLING WELL is a large detached house of 119m², built sometime between 2003 and 2006, which could now be worth an estimated £410,117. It was last sold for £330,000 in July 2018, which was around 2% below the average July 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

4 CREMBLING WELL Sold Prices

Land registry data shows two sales for 4 CREMBLING WELL 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 4 CREMBLING WELL 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
2018 11 JUL	£330,000	£335,551	2% below HPI
2005 29 SEP	£225,000	£265,746	15% below HPI

4 CREMBLING WELL 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 4 CREMBLING WELL sales from September 2005 and July 2018 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 4 CREMBLING WELL be worth now?

4 CREMBLING WELL might now be worth an estimated £410,117.

This is based on house price inflation of 24.3%, between July 2018 and June 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 24.3% inflationary increase is applied to the most recent sale price for 4 CREMBLING WELL of £330,000 on 11th July 2018. For the value to have increased from £330,000 to £410,117 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 4 CREMBLING WELL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CREMBLING WELL has not materially changed since July 2018.

How Large is 4 CREMBLING WELL?

4 CREMBLING WELL is 119m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where 4 CREMBLING WELL lies on this distribution: 79% of detached houses houses are smaller than 4 CREMBLING WELL, and 21% of houses are larger. Note that EPC data is not available for all properties in Redruth.

4 CREMBLING WELL: Plot and Title Map

4 CREMBLING WELL sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 4 CREMBLING WELL, 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 4 CREMBLING WELL). 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 4 CREMBLING WELL?

4 CREMBLING WELL is located in BARNCOOSE, in the TR15 postcode district. The below map shows the position of No. 4 on CREMBLING WELL.