78, DRUMP ROAD, REDRUTH, TR15 1PR - £170,000

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.

78 DRUMP ROAD is a midsized extended terraced house of 83m², built sometime before 1900, which could now be worth an estimated £214,522. It was last sold for £170,000 in October 2018, which was around 6% below the average October 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

78 DRUMP ROAD Sold Prices

Land registry data shows four sales for 78 DRUMP ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 78 DRUMP 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
2018 26 OCT	£170,000	£181,524	6% below HPI
2015 27 NOV	£155,000	£166,924	7% below HPI
2003 17 APR	£91,500	£101,477	10% below HPI
2001 29 OCT	£64,500	£68,499	6% below HPI

78 DRUMP 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 four 78 DRUMP ROAD sales between October 2001 and October 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 November 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 78 DRUMP ROAD be worth now?

78 DRUMP ROAD might now be worth an estimated £214,522.

This is based on house price inflation of 26.2%, between October 2018 and April 2026, 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 26.2% inflationary increase is applied to the most recent sale price for 78 DRUMP ROAD of £170,000 on 26th October 2018. For the value to have increased from £170,000 to £214,522 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 78 DRUMP ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The October 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 78 DRUMP ROAD has not materially changed since October 2018.

How Large is 78 DRUMP ROAD?

78 DRUMP ROAD is 83m², which includes three extensions, according to the EPC inspection conducted in August 2014. 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 78 DRUMP ROAD lies on this distribution: 43% of terraced houses houses are smaller than 78 DRUMP ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Redruth.

78 DRUMP ROAD: Plot and Title Map

78 DRUMP ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 78 DRUMP 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 78 DRUMP 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 78 DRUMP ROAD?

78 DRUMP ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 78 on DRUMP ROAD.