LEES, HIGHER BROAD LANE, REDRUTH, TR15 3JL - £380,000

LEES is a very large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £380,000 in May 2021, which was around 1% above the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

LEES Sold Prices

Land registry data shows six sales for LEES since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the six LEES 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
2021 14 MAY	£380,000	£375,609	1% above HPI
2017 13 JAN	£274,000	£307,685	11% below HPI
2009 10 SEP	£235,000	£261,819	10% below HPI
2005 31 OCT	£165,000	£262,664	37% below HPI
2004 15 APR	£182,500	£233,419	22% below HPI
2002 21 OCT	£128,000	£180,565	29% below HPI

LEES 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 six LEES sales between October 2002 and May 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 January 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is LEES?

LEES is 146m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where LEES lies on this distribution: 86% of detached houses are smaller than LEES, and 14% of houses are larger. Note that EPC data is not available for all properties in Illogan.

LEES: Plot and Title Map

LEES sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of LEES, 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 LEES). 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 LEES?

LEES is located on HIGHER BROAD LANE in REDRUTH, in the TR15 postcode district. The below map shows the position of LEES on HIGHER BROAD LANE.