5, GIBBONS FIELDS, MULLION, HELSTON, TR12 7EA - £225,000

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

5 GIBBONS FIELDS is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £225,000 in March 2020, which was around 34% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was F, and the potential energy rating was C.

5 GIBBONS FIELDS Sold Prices

Land registry data shows three sales for 5 GIBBONS FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 5 GIBBONS FIELDS 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
2020 26 MAR	£225,000	£342,697	34% below HPI
2018 29 MAR	£180,000	£328,446	45% below HPI
2003 18 DEC	£157,500	£223,843	30% below HPI

5 GIBBONS FIELDS 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 three 5 GIBBONS FIELDS sales between December 2003 and March 2020 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 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 GIBBONS FIELDS?

5 GIBBONS FIELDS is 84m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses by size in Mullion, and where 5 GIBBONS FIELDS lies on this distribution: 25% of detached houses are smaller than 5 GIBBONS FIELDS, and 74% of houses are larger. Note that EPC data is not available for all properties in Mullion.

5 GIBBONS FIELDS: Plot and Title Map

5 GIBBONS FIELDS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 GIBBONS FIELDS, 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 5 GIBBONS FIELDS). 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 5 GIBBONS FIELDS?

5 GIBBONS FIELDS is located in MULLION, in the TR12 postcode district. The below map shows the position of No. 5 on GIBBONS FIELDS.