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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GILLY HILL is a large extended detached house of 112m², built sometime before 1900, which could now be worth an estimated £256,302. It was last sold for £165,500 in February 2011, which was around 41% 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	£282,330	41% below HPI
2005 16 MAR	£163,000	£257,165	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2011 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 GILLY HILL be worth now?

1 GILLY HILL might now be worth an estimated £256,302.

This is based on house price inflation of 54.9%, between February 2011 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.9% inflationary increase is applied to the most recent sale price for 1 GILLY HILL of £165,500 on 11th February 2011. For the value to have increased from £165,500 to £256,302 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 1 GILLY HILL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2011 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GILLY HILL has not materially changed since February 2011.

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 houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where 1 GILLY HILL lies on this distribution: 75% of detached houses houses are smaller than 1 GILLY HILL, and 25% 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.