ORCHARD BUNGALOW, TOLGUS PLACE, REDRUTH, TR15 1BA - £342,500

ORCHARD BUNGALOW is a large extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £342,500 in September 2022, which was around 28% below the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

ORCHARD BUNGALOW Sold Prices

Land registry data shows three sales for ORCHARD BUNGALOW 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 ORCHARD BUNGALOW 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 20 SEP	£342,500	£473,158	28% below HPI
2010 14 APR	£187,500	£278,768	33% below HPI
1998 1 JUN	£65,000	£88,388	26% below HPI

ORCHARD BUNGALOW 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 ORCHARD BUNGALOW sales between June 1998 and September 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 April 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is ORCHARD BUNGALOW?

ORCHARD BUNGALOW is 98m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where ORCHARD BUNGALOW lies on this distribution: 61% of detached houses are smaller than ORCHARD BUNGALOW, and 38% of houses are larger. Note that EPC data is not available for all properties in Redruth.

ORCHARD BUNGALOW: Plot and Title Map

ORCHARD BUNGALOW sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of ORCHARD BUNGALOW, 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 ORCHARD BUNGALOW). 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 ORCHARD BUNGALOW?

ORCHARD BUNGALOW is located on TOLGUS PLACE in REDRUTH, in the TR15 postcode district. The below map shows the position of ORCHARD BUNGALOW on TOLGUS PLACE.