SARNIA, GEW TERRACE, REDRUTH, TR15 1PF - £303,000

SARNIA is a large extended detached house of 119m², built sometime before 1900. It was last sold for £303,000 in November 2018, which was around 11% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

SARNIA Sold Prices

Land registry data shows three sales for SARNIA 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 SARNIA 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
2018 9 NOV	£303,000	£339,199	11% below HPI
2016 21 MAR	£243,000	£307,330	21% below HPI
2008 11 AUG	£180,000	£281,311	36% below HPI

SARNIA 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 SARNIA sales between August 2008 and November 2018 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SARNIA?

SARNIA is 119m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 SARNIA lies on this distribution: 79% of detached houses are smaller than SARNIA, and 21% of houses are larger. Note that EPC data is not available for all properties in Redruth.

SARNIA: Plot and Title Map

SARNIA sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of SARNIA, 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 SARNIA). 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 SARNIA?

SARNIA is located on GEW TERRACE in REDRUTH, in the TR15 postcode district. The below map shows the position of SARNIA on GEW TERRACE.