HERONGATE, BRIDGE ROAD, ILLOGAN, REDRUTH, TR16 4SA - £325,000

HERONGATE is a midsized extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £325,000 in August 2020, which was around 7% below the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

HERONGATE Sold Prices

Land registry data shows two sales for HERONGATE 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 HERONGATE 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
2020 5 AUG	£325,000	£348,820	7% below HPI
2015 1 APR	£220,000	£292,933	25% below HPI

HERONGATE 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 HERONGATE sales from April 2015 and August 2020 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 April 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is HERONGATE?

HERONGATE is 96m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where HERONGATE lies on this distribution: 49% of detached houses are smaller than HERONGATE, and 50% of houses are larger. Note that EPC data is not available for all properties in Illogan.

HERONGATE: Plot and Title Map

HERONGATE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of HERONGATE, 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 HERONGATE). 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 HERONGATE?

HERONGATE is located on BRIDGE ROAD in ILLOGAN, in the TR16 postcode district. The below map shows the position of HERONGATE on BRIDGE ROAD.