TREDREA, PARK ROAD, REDRUTH, TR15 2JD - £155,000

TREDREA is a small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £155,000 in June 2014, which was around 44% below the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

TREDREA Sold Prices

Land registry data shows two sales for TREDREA 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 TREDREA 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
2014 3 JUN	£155,000	£277,730	44% below HPI
1997 28 NOV	£59,950	£85,550	30% below HPI

TREDREA 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 TREDREA sales from November 1997 and June 2014 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 November 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is TREDREA?

TREDREA is 77m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where TREDREA lies on this distribution: 35% of detached houses are smaller than TREDREA, and 65% of houses are larger. Note that EPC data is not available for all properties in Redruth.

TREDREA: Plot and Title Map

TREDREA sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of TREDREA, 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 TREDREA). 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 TREDREA?

TREDREA is located on PARK ROAD in REDRUTH, in the TR15 postcode district. The below map shows the position of TREDREA on PARK ROAD.