CARVEAN, NORTH POOL ROAD, REDRUTH, TR15 3JQ - £280,000

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.

CARVEAN is a large extended semi-detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £326,839. It was last sold for £280,000 in January 2021, which was around 13% above the average January 2021 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

CARVEAN Sold Prices

Land registry data shows two sales for CARVEAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. One of the two CARVEAN sales was for above the average price, whilst the other was 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
2021 29 JAN	£280,000	£246,940	13% above HPI
2001 2 MAR	£72,500	£75,874	4% below HPI

CARVEAN 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 two CARVEAN sales from March 2001 and January 2021 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 March 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might CARVEAN be worth now?

CARVEAN might now be worth an estimated £326,839.

This is based on house price inflation of 16.7%, between January 2021 and February 2025, 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 16.7% inflationary increase is applied to the most recent sale price for CARVEAN of £280,000 on 29th January 2021. For the value to have increased from £280,000 to £326,839 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of CARVEAN has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The January 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of CARVEAN has not materially changed since January 2021.

How Large is CARVEAN?

CARVEAN is 118m², which includes four extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of semi-detached houses houses in Illogan, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Illogan, and where CARVEAN lies on this distribution: 71% of semi-detached houses houses are smaller than CARVEAN, and 26% of houses are larger. Note that EPC data is not available for all properties in Illogan.

CARVEAN: Plot and Title Map

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

CARVEAN is located on NORTH POOL ROAD in REDRUTH, in the TR15 postcode district. The below map shows the position of CARVEAN on NORTH POOL ROAD.