5, SPARNON CLOSE, REDRUTH, TR15 2RJ - £285,000

5 SPARNON CLOSE is a very large extended detached house of 193m², built sometime between 1967 and 1975. It was last sold for £285,000 in September 2019, which was around 17% below the average September 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

5 SPARNON CLOSE Sold Prices

Land registry data shows three sales for 5 SPARNON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 5 SPARNON CLOSE 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 20 SEP	£285,000	£343,649	17% below HPI
2015 9 JAN	£285,000	£287,784	1% below HPI
2002 31 JAN	£140,000	£144,481	3% below HPI

5 SPARNON CLOSE 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 three 5 SPARNON CLOSE sales between January 2002 and September 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 January 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 SPARNON CLOSE?

5 SPARNON CLOSE is 193m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 5 SPARNON CLOSE lies on this distribution: 96% of detached houses are smaller than 5 SPARNON CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Redruth.

5 SPARNON CLOSE: Plot and Title Map

5 SPARNON CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 5 SPARNON CLOSE, 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 5 SPARNON CLOSE). 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 5 SPARNON CLOSE?

5 SPARNON CLOSE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 5 on SPARNON CLOSE.