CAPRICORN, MERRITTS HILL, ILLOGAN, REDRUTH, TR16 4DF - £465,000

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.

CAPRICORN is a very large extended detached house of 212m², built sometime between 1983 and 1990, which could now be worth an estimated £741,821. It was last sold for £465,000 in January 2012, which was around 70% above the average January 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

CAPRICORN Sold Prices

Land registry data shows two sales for CAPRICORN 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 CAPRICORN sales were for above 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
2012 23 JAN	£465,000	£274,072	70% above HPI
2000 19 JUN	£165,000	£113,178	46% above HPI

CAPRICORN 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 CAPRICORN sales from June 2000 and January 2012 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 June 2000 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2012 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might CAPRICORN be worth now?

CAPRICORN might now be worth an estimated £741,821.

This is based on house price inflation of 59.5%, between January 2012 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 59.5% inflationary increase is applied to the most recent sale price for CAPRICORN of £465,000 on 23rd January 2012. For the value to have increased from £465,000 to £741,821 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of CAPRICORN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2012 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of CAPRICORN has not materially changed since January 2012.

How Large is CAPRICORN?

CAPRICORN is 212m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% of detached houses houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where CAPRICORN lies on this distribution: 98% of detached houses houses are smaller than CAPRICORN, and 2% of houses are larger. Note that EPC data is not available for all properties in Illogan.

CAPRICORN: Plot and Title Map

CAPRICORN sits on a plot of roughly 0.632 of an acre, or 2,556m². The below map shows the location of CAPRICORN, 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 CAPRICORN). 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 CAPRICORN?

CAPRICORN is located on MERRITTS HILL in ILLOGAN, in the TR16 postcode district. The below map shows the position of CAPRICORN on MERRITTS HILL.