8, FORTHVEOR, REDRUTH HIGHWAY, REDRUTH, TR15 1SB - £197,000

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.

8 FORTHVEOR is a detached house, which could now be worth an estimated £294,203. It was last sold for £197,000 in February 2007, which was around 31% below the average February 2007 detached price in the Cornwall local authority area.

8 FORTHVEOR Sold Prices

Land registry data shows two sales for 8 FORTHVEOR 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 8 FORTHVEOR 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
2007 2 FEB	£197,000	£286,998	31% below HPI
1997 16 MAY	£57,500	£78,773	27% below HPI

What might 8 FORTHVEOR be worth now?

8 FORTHVEOR might now be worth an estimated £294,203.

This is based on house price inflation of 49.3%, between February 2007 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 49.3% inflationary increase is applied to the most recent sale price for 8 FORTHVEOR of £197,000 on 2nd February 2007. For the value to have increased from £197,000 to £294,203 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 FORTHVEOR has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2007 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FORTHVEOR has not materially changed since February 2007.

Where is 8 FORTHVEOR?

8 FORTHVEOR is located in REDRUTH HIGHWAY, in the TR15 postcode district.