26, Broad Lane
26, Broad Lane
Description & Estimates
26, Broad Lane, Redruth is recorded publicly as a period freehold house across 710 ft2 of internal area, sitting on a 241 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 26, Broad Lane, Redruth is £177,494 and its rental estimate is £970 per month, given the available information and assuming reasonable condition.
Broad Lane, Illogan, Redruth, TR15 falls within the TR15 postal district.
Our Data Sources
26, Broad Lane, Redruth has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 26, Broad Lane, Redruth, we estimate a market value of £186,369 and a rental value of £1,019 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,070 and £903 per month respectively.
Recent Market Change
Over the last year, 26, Broad Lane, Redruth has seen its estimated sale value decline by £4,862 (2.7%) and its estimated rental value climb by £40 per month (4.1%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 26, Broad Lane, Redruth as measuring 241 m2.
That makes it the 18th largest plot in the postcode, where 23 of the 41 other houses have recorded plot data.
Energy Efficiency
26, Broad Lane, Redruth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 26, Broad Lane, Redruth completed on 13th November 2023 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.8% over the period since November 2023.
- Sold Nov 2023£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 26, Broad Lane, Redruth have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th November 2022, was 24, Broad Lane, Redruth, TR15 3HY, a freehold house which sold for £145,000.
Read more about house prices in TR15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Broad Lane, Illogan, Redruth, TR15, 26, Broad Lane, Redruth comes out as the 29th largest and the 34th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the TR15 district.
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Schools Nearby
- 500mTreloweth Community Primary School
- 1.7kmIllogan School
- 2.4kmTrewirgie Infants' School
- 1.1kmPool Academy
- 1.6kmRedruth School
- 4.4kmCamborne Science and International Academy
More reading links
Public Transport Nearby
From 26, Broad Lane, Redruth, the nearest station is Redruth, 2.5 kilometres away.
- 2.5kmRedruth
- 3.8kmCamborne
- 10.9kmPerranwell
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
