REDGATE, KELLY BRAY, CALLINGTON, PL17 8EX - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

REDGATE is a small extended detached house of 96m², built sometime before 1900, which could now be worth an estimated £496,725. It was last sold for £350,000 in August 2007, which was around 17% above the average August 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

REDGATE Sold Prices

Land registry data shows two sales for REDGATE 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 REDGATE sales were for above 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
2007 13 AUG	£350,000	£298,261	17% above HPI
2005 12 APR	£330,000	£257,499	28% above HPI

REDGATE 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 REDGATE sales from April 2005 and August 2007 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 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2007 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might REDGATE be worth now?

REDGATE might now be worth an estimated £496,725.

This is based on house price inflation of 41.9%, between August 2007 and April 2026, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.9% inflationary increase is applied to the most recent sale price for REDGATE of £350,000 on 13th August 2007. For the value to have increased from £350,000 to £496,725 over the nineteen years and four months to April 2026, the following assumptions must hold true:

• The value of REDGATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2007 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of REDGATE has not materially changed since August 2007.

How Large is REDGATE?

REDGATE is 96m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses houses in Kelly Bray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelly Bray, and where REDGATE lies on this distribution: 26% of detached houses houses are smaller than REDGATE, and 73% of houses are larger. Note that EPC data is not available for all properties in Kelly Bray.

REDGATE: Plot and Title Map

REDGATE sits on a plot of roughly 3.3 acres, or 13,402m². The below map shows the location of REDGATE, 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 REDGATE). 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 REDGATE?

REDGATE is located in KELLY BRAY, in the PL17 postcode district. The below map shows the position of REDGATE in KELLY BRAY.