8, HIGHER REDANNICK, TRURO, TR1 2DH - £198,000

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 HIGHER REDANNICK is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £322,388. It was last sold for £198,000 in January 2005, which was around 25% below the average January 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

8 HIGHER REDANNICK Sold Prices

Land registry data shows one sale for 8 HIGHER REDANNICK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 7 JAN	£198,000	£263,236	25% below HPI

What might 8 HIGHER REDANNICK be worth now?

8 HIGHER REDANNICK might now be worth an estimated £322,388.

This is based on house price inflation of 62.8%, between January 2005 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 62.8% inflationary increase is applied to the most recent sale price for 8 HIGHER REDANNICK of £198,000 on 7th January 2005. For the value to have increased from £198,000 to £322,388 over the twenty years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 HIGHER REDANNICK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2005 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HIGHER REDANNICK has not materially changed since January 2005.

How Large is 8 HIGHER REDANNICK?

8 HIGHER REDANNICK is 98m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 8 HIGHER REDANNICK lies on this distribution: 30% of detached houses are smaller than 8 HIGHER REDANNICK, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Truro.

8 HIGHER REDANNICK: Plot

8 HIGHER REDANNICK sits on a plot of roughly 0.085 of an acre, or 344m².

Where is 8 HIGHER REDANNICK?

8 HIGHER REDANNICK is located in TRURO, in the TR1 postcode district.