7, TREMORE ROAD, REDRUTH, TR15 1QA - £156,500

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.

7 TREMORE ROAD is a very small semi-detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £206,952. It was last sold for £156,500 in November 2017, which was around 26% below the average November 2017 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

7 TREMORE ROAD Sold Prices

Land registry data shows four sales for 7 TREMORE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the four 7 TREMORE 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
2017 13 NOV	£156,500	£212,712	26% below HPI
2011 5 SEP	£130,000	£181,631	28% below HPI
2009 5 JUN	£122,000	£169,155	28% below HPI
1999 18 MAR	£34,000	£59,049	42% below HPI

7 TREMORE 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 four 7 TREMORE ROAD sales between March 1999 and November 2017 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 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 TREMORE ROAD be worth now?

7 TREMORE ROAD might now be worth an estimated £206,952.

This is based on house price inflation of 32.2%, between November 2017 and May 2026, 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 32.2% inflationary increase is applied to the most recent sale price for 7 TREMORE ROAD of £156,500 on 13th November 2017. For the value to have increased from £156,500 to £206,952 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 7 TREMORE ROAD has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The November 2017 sale price of £156,500 represented a fair market value for the property.
• The size, condition, and specification of 7 TREMORE ROAD has not materially changed since November 2017.

How Large is 7 TREMORE ROAD?

7 TREMORE ROAD is 67m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% 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 7 TREMORE ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 7 TREMORE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Redruth.

7 TREMORE ROAD: Plot and Title Map

7 TREMORE ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 7 TREMORE 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 7 TREMORE 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 7 TREMORE ROAD?

7 TREMORE ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 7 on TREMORE ROAD.