Spring Lodge Merritts Hill

    SPRING LODGE, MERRITTS HILL, ILLOGAN, REDRUTH, TR16 4DF

    This detached freehold property on Merritts Hill last sold in August 2019 for £475,000. Based on price growth in the TR16 district since then, its estimated current value is £616,755 — placing it in the 87th percentile nationally and the 95th percentile within TR16. The property covers 136 m² (1,464 sq ft), giving an estimated value of £4,535 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £475,000

    Aug 2019

    Estimated Valuation

    £616,755

    Est. £/sq ft

    £421/sq ft

    £4,535/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,464 sq ft (136 m²)
    EPC dateApr 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2019

    £475,000

    Key Metrics

    Estimated valuation£616,755
    Value per sq ft / m²£421/sq ft (£4,535/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR16 district percentile95th percentile
    National percentile87th percentile

    District Context — TR16

    TR16 covers the Camborne area and surrounding communities in west Cornwall. It is a mixed residential district with a blend of established residential neighbourhoods and rural character.

    Average Property Price - TR16

    £305,367

    43

    National percentile

    Average Net Household Income - TR16

    £35,848

    36

    National percentile

    10-Year Annualised Price Growth - TR16

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR16

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