SMILIN THRU, VOGUEBELOTH, ILLOGAN, REDRUTH, TR16 4ER - £155,000

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

SMILIN THRU is a very small extended detached house of 52m², built sometime between 1900 and 1929, which could now be worth an estimated £156,716. It was last sold for £155,000 in May 2022, which was around 65% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was G, and the potential energy rating was C.

SMILIN THRU Sold Prices

Land registry data shows two sales for SMILIN THRU 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 SMILIN THRU 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
2022 23 MAY	£155,000	£439,140	65% below HPI
2015 28 AUG	£92,000	£303,660	70% below HPI

SMILIN THRU 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 SMILIN THRU sales from August 2015 and May 2022 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 August 2015 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the May 2022 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might SMILIN THRU be worth now?

SMILIN THRU might now be worth an estimated £156,716.

This is based on house price inflation of 1.1%, between May 2022 and December 2024, 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 1.1% inflationary increase is applied to the most recent sale price for SMILIN THRU of £155,000 on 23rd May 2022. For the value to have increased from £155,000 to £156,716 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of SMILIN THRU has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of SMILIN THRU has not materially changed since May 2022.

How Large is SMILIN THRU?

SMILIN THRU is 52m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 SMILIN THRU lies on this distribution: 2% of detached houses houses are smaller than SMILIN THRU, and 98% of houses are larger. Note that EPC data is not available for all properties in Illogan.

SMILIN THRU: Plot and Title Map

SMILIN THRU sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of SMILIN THRU, 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 SMILIN THRU). 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 SMILIN THRU?

SMILIN THRU is located on VOGUEBELOTH in ILLOGAN, in the TR16 postcode district. The below map shows the position of SMILIN THRU on VOGUEBELOTH.