24, GIBBONS FIELDS, MULLION, HELSTON, TR12 7EA - £162,500

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.

24 GIBBONS FIELDS is a very small terraced house of 37m², built sometime between 1976 and 1982, which could now be worth an estimated £202,156. It was last sold for £162,500 in August 2020, which was around 14% below the average August 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

24 GIBBONS FIELDS Sold Prices

Land registry data shows three sales for 24 GIBBONS FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Two of the three 24 GIBBONS FIELDS sales were for below the average price, whilst one was 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
2020 7 AUG	£162,500	£188,776	14% below HPI
2005 2 JUN	£118,000	£144,400	18% below HPI
1998 3 JUL	£47,000	£45,411	3% above HPI

24 GIBBONS FIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The three 24 GIBBONS FIELDS sales between July 1998 and August 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 June 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 24 GIBBONS FIELDS be worth now?

24 GIBBONS FIELDS might now be worth an estimated £202,156.

This is based on house price inflation of 24.4%, between August 2020 and October 2025, for terraced 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 24.4% inflationary increase is applied to the most recent sale price for 24 GIBBONS FIELDS of £162,500 on 7th August 2020. For the value to have increased from £162,500 to £202,156 over the four years and ten months to October 2025, the following assumptions must hold true:

• The value of 24 GIBBONS FIELDS has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2020 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 24 GIBBONS FIELDS has not materially changed since August 2020.

How Large is 24 GIBBONS FIELDS?

24 GIBBONS FIELDS is 37m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Mullion, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mullion, and where 24 GIBBONS FIELDS lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 GIBBONS FIELDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mullion.

24 GIBBONS FIELDS: Plot and Title Map

24 GIBBONS FIELDS sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 24 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 24 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 24 GIBBONS FIELDS?

24 GIBBONS FIELDS is located in MULLION, in the TR12 postcode district. The below map shows the position of No. 24 on GIBBONS FIELDS.