LOWER HILLRISE, ALBASTON, GUNNISLAKE, PL18 9ER - £292,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LOWER HILLRISE is a small detached house of 96m², which could now be worth an estimated £365,858. It was last sold for £292,500 in November 2019, which was around 16% below the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

LOWER HILLRISE Sold Prices

Land registry data shows three sales for LOWER HILLRISE 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 LOWER HILLRISE 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
2019 5 NOV	£292,500	£349,562	16% below HPI
2014 21 NOV	£289,950	£296,301	2% below HPI
2013 22 NOV	£250,000	£282,318	11% below HPI

LOWER HILLRISE 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 LOWER HILLRISE sales between November 2013 and November 2019 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 November 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might LOWER HILLRISE be worth now?

LOWER HILLRISE might now be worth an estimated £365,858.

This is based on house price inflation of 25.1%, between November 2019 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 25.1% inflationary increase is applied to the most recent sale price for LOWER HILLRISE of £292,500 on 5th November 2019. For the value to have increased from £292,500 to £365,858 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of LOWER HILLRISE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2019 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of LOWER HILLRISE has not materially changed since November 2019.

How Large is LOWER HILLRISE?

LOWER HILLRISE is 96m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where LOWER HILLRISE lies on this distribution: 40% of detached houses houses are smaller than LOWER HILLRISE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

LOWER HILLRISE: Plot and Title Map

LOWER HILLRISE sits on a plot of roughly 102.9 acres, or 416,563m². The below map shows the location of LOWER HILLRISE, 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 LOWER HILLRISE). 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 LOWER HILLRISE?

LOWER HILLRISE is located in ALBASTON, in the PL18 postcode district. The below map shows the position of LOWER HILLRISE in ALBASTON.