56, TOWN FARM, REDRUTH, TR15 2XG - £163,000

56 TOWN FARM is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £163,000 in December 2003, which was around 27% below the average December 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

56 TOWN FARM Sold Prices

Land registry data shows two sales for 56 TOWN FARM 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 56 TOWN FARM 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
2003 22 DEC	£163,000	£223,843	27% below HPI
1997 12 SEP	£58,950	£83,854	30% below HPI

56 TOWN FARM 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 56 TOWN FARM sales from September 1997 and December 2003 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 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2003 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 56 TOWN FARM?

56 TOWN FARM is 63m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 56 TOWN FARM lies on this distribution: 13% of detached houses are smaller than 56 TOWN FARM, and 87% of houses are larger. Note that EPC data is not available for all properties in Redruth.

56 TOWN FARM: Plot and Title Map

56 TOWN FARM sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 56 TOWN FARM, 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 56 TOWN FARM). 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 56 TOWN FARM?

56 TOWN FARM is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 56 on TOWN FARM.