CENTRAL VILLA, FOUR LANES, REDRUTH, TR16 6PY - £207,250

CENTRAL VILLA is a large extended detached house of 111m², built sometime before 1900. It was last sold for £207,250 in August 2017, which was around 35% below the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

CENTRAL VILLA Sold Prices

Land registry data shows three sales for CENTRAL VILLA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three CENTRAL VILLA 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 25 AUG	£207,250	£316,709	35% below HPI
2007 30 NOV	£222,500	£301,935	26% below HPI
1996 28 NOV	£49,000	£75,607	35% below HPI

CENTRAL VILLA 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 three CENTRAL VILLA sales between November 1996 and August 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 November 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is CENTRAL VILLA?

CENTRAL VILLA is 111m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses by size in Four Lanes, and where CENTRAL VILLA lies on this distribution: 78% of detached houses are smaller than CENTRAL VILLA, and 22% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

CENTRAL VILLA: Plot and Title Map

CENTRAL VILLA sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of CENTRAL VILLA, 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 CENTRAL VILLA). 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 CENTRAL VILLA?

CENTRAL VILLA is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of CENTRAL VILLA in FOUR LANES.