CHYBARLES, MERRITTS HILL, ILLOGAN, REDRUTH, TR16 4HD - £280,000

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

CHYBARLES is a very large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £280,000 in March 2016, which was around 9% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

CHYBARLES Sold Prices

Land registry data shows two sales for CHYBARLES 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 CHYBARLES 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
2016 31 MAR	£280,000	£307,330	9% below HPI
2013 27 FEB	£263,000	£266,912	1% below HPI

CHYBARLES 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 CHYBARLES sales from February 2013 and March 2016 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 February 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is CHYBARLES?

CHYBARLES is 140m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where CHYBARLES lies on this distribution: 84% of detached houses are smaller than CHYBARLES, and 15% of houses are larger. Note that EPC data is not available for all properties in Illogan.

CHYBARLES: Plot and Title Map

CHYBARLES sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of CHYBARLES, 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 CHYBARLES). 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 CHYBARLES?

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