1, GILLY HILL, REDRUTH, TR15 2RN - £165,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GILLY HILL is a large extended detached house of 112m², built sometime before 1900. It was last sold for £165,500 in February 2011, which was around 40% below the average February 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

1 GILLY HILL Sold Prices

Land registry data shows two sales for 1 GILLY HILL 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 1 GILLY HILL 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
2011 11 FEB	£165,500	£277,951	40% below HPI
2005 16 MAR	£163,000	£253,176	36% below HPI

1 GILLY HILL 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 1 GILLY HILL sales from March 2005 and February 2011 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 March 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 GILLY HILL?

1 GILLY HILL is 112m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 30% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 1 GILLY HILL lies on this distribution: 74% of detached houses are smaller than 1 GILLY HILL, and 26% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 GILLY HILL: Plot and Title Map

1 GILLY HILL sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 GILLY HILL, 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 1 GILLY HILL). 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 1 GILLY HILL?

1 GILLY HILL is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 1 on GILLY HILL.