53, PARK ROAD, REDRUTH, TR15 2JG - £185,000

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.

53 PARK ROAD is a midsized extended terraced house of 84m², built sometime before 1900, which could now be worth an estimated £268,045. It was last sold for £185,000 in March 2014, which was around 19% above the average March 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

53 PARK ROAD Sold Prices

Land registry data shows three sales for 53 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 53 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
2014 27 MAR	£185,000	£154,989	19% above HPI
2006 6 JUN	£170,500	£152,344	12% above HPI
2001 19 NOV	£73,000	£69,305	5% above HPI

53 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 three 53 PARK ROAD sales between November 2001 and March 2014 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 June 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 53 PARK ROAD be worth now?

53 PARK ROAD might now be worth an estimated £268,045.

This is based on house price inflation of 44.9%, between March 2014 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 44.9% inflationary increase is applied to the most recent sale price for 53 PARK ROAD of £185,000 on 27th March 2014. For the value to have increased from £185,000 to £268,045 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 53 PARK ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The March 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 53 PARK ROAD has not materially changed since March 2014.

How Large is 53 PARK ROAD?

53 PARK ROAD is 84m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% 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 53 PARK ROAD lies on this distribution: 44% of terraced houses houses are smaller than 53 PARK ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Redruth.

53 PARK ROAD: Plot and Title Map

53 PARK ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 53 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 53 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 53 PARK ROAD?

53 PARK ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 53 on PARK ROAD.