THE WILLOWS, COACH LANE, REDRUTH, TR15 2TP - £410,000

THE WILLOWS is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £410,000 in April 2019, which was around 24% above the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was E.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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. One of the two THE WILLOWS sales was for above the average price, whilst the other was 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
2019 5 APR	£410,000	£331,321	24% above HPI
1995 15 SEP	£39,000	£70,014	44% below HPI

THE WILLOWS 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 THE WILLOWS sales from September 1995 and April 2019 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 September 1995 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 162m² according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where THE WILLOWS lies on this distribution: 91% of detached houses are smaller than THE WILLOWS, and 9% of houses are larger. Note that EPC data is not available for all properties in Redruth.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.406 of an acre, or 1,641m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on COACH LANE in REDRUTH, in the TR15 postcode district. The below map shows the position of THE WILLOWS on COACH LANE.