4, MAY GARDENS, LANNER, REDRUTH, TR16 6AR - £205,000

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.

4 MAY GARDENS is a detached house, which could now be worth an estimated £267,408. It was last sold for £205,000 in December 2017, which was around 38% below the average December 2017 detached price in the Cornwall local authority area.

4 MAY GARDENS Sold Prices

Land registry data shows two sales for 4 MAY GARDENS 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 4 MAY GARDENS 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
2017 20 DEC	£205,000	£328,578	38% below HPI
1996 19 JUL	£45,000	£72,533	38% below HPI

What might 4 MAY GARDENS be worth now?

4 MAY GARDENS might now be worth an estimated £267,408.

This is based on house price inflation of 30.4%, between December 2017 and May 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 30.4% inflationary increase is applied to the most recent sale price for 4 MAY GARDENS of £205,000 on 20th December 2017. For the value to have increased from £205,000 to £267,408 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 4 MAY GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2017 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MAY GARDENS has not materially changed since December 2017.

Where is 4 MAY GARDENS?

4 MAY GARDENS is located in LANNER, in the TR16 postcode district.