9, LOWARTHOW MARGHAS, REDRUTH, TR15 2DZ - £225,000

9 LOWARTHOW MARGHAS is a large detached house of 103m², built sometime from 2007 onwards. It was last sold for £225,000 in October 2014, which was around 23% below the average October 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

9 LOWARTHOW MARGHAS Sold Prices

Land registry data shows two sales for 9 LOWARTHOW MARGHAS 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 9 LOWARTHOW MARGHAS 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
2014 15 OCT	£225,000	£290,735	23% below HPI
2008 20 AUG	£225,000	£281,311	20% below HPI

9 LOWARTHOW MARGHAS 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 9 LOWARTHOW MARGHAS sales from August 2008 and October 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 August 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 LOWARTHOW MARGHAS?

9 LOWARTHOW MARGHAS is 103m² according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 9 LOWARTHOW MARGHAS lies on this distribution: 66% of detached houses are smaller than 9 LOWARTHOW MARGHAS, and 33% of houses are larger. Note that EPC data is not available for all properties in Redruth.

9 LOWARTHOW MARGHAS: Plot and Title Map

9 LOWARTHOW MARGHAS sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 9 LOWARTHOW MARGHAS, 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 9 LOWARTHOW MARGHAS). 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 9 LOWARTHOW MARGHAS?

9 LOWARTHOW MARGHAS is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 9 on LOWARTHOW MARGHAS.