GLENWOOD, HIGHWAY LANE, REDRUTH, TR15 1SE - £350,000

GLENWOOD is a large detached house of 119m², built in 2021. It was last sold for £350,000 in April 2022, which was around 18% below the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

GLENWOOD Sold Prices

Land registry data shows four sales for GLENWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four GLENWOOD 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
2022 4 APR	£350,000	£428,019	18% below HPI
2019 29 MAR	£65,000	£335,212	81% below HPI
2018 26 JAN	£194,000	£326,927	41% below HPI
2000 31 JUL	£80,500	£114,703	30% below HPI

GLENWOOD 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 four GLENWOOD sales between July 2000 and April 2022 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 2019 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the April 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is GLENWOOD?

GLENWOOD is 119m² according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where GLENWOOD lies on this distribution: 79% of detached houses are smaller than GLENWOOD, and 21% of houses are larger. Note that EPC data is not available for all properties in Redruth.

GLENWOOD: Plot and Title Map

GLENWOOD sits on a plot of roughly 0.050 of an acre, or 200m². The below map shows the location of GLENWOOD, 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 GLENWOOD). 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 GLENWOOD?

GLENWOOD is located on HIGHWAY LANE in REDRUTH, in the TR15 postcode district. The below map shows the position of GLENWOOD on HIGHWAY LANE.