AVALON, RILLA MILL, CALLINGTON, PL17 7NT - £290,000

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.

AVALON is a midsized detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £418,414. It was last sold for £290,000 in February 2015, which was around 1% below the average February 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

AVALON Sold Prices

Land registry data shows three sales for AVALON 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 AVALON 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
2015 18 FEB	£290,000	£292,313	1% below HPI
2007 31 JUL	£290,000	£295,243	2% below HPI
2006 10 AUG	£185,100	£275,584	33% below HPI

AVALON 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 AVALON sales between August 2006 and February 2015 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 July 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might AVALON be worth now?

AVALON might now be worth an estimated £418,414.

This is based on house price inflation of 44.3%, between February 2015 and July 2026, 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 44.3% inflationary increase is applied to the most recent sale price for AVALON of £290,000 on 18th February 2015. For the value to have increased from £290,000 to £418,414 over the ten years and seven months to July 2026, the following assumptions must hold true:

• The value of AVALON has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2015 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of AVALON has not materially changed since February 2015.

How Large is AVALON?

AVALON is 114m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses houses in Rilla Mill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rilla Mill, and where AVALON lies on this distribution: 53% of detached houses houses are smaller than AVALON, and 47% of houses are larger. Note that EPC data is not available for all properties in Rilla Mill.

AVALON: Plot and Title Map

AVALON sits on a plot of roughly 31.7 acres, or 128,179m². The below map shows the location of AVALON, 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 AVALON). 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 AVALON?

AVALON is located in RILLA MILL, in the PL17 postcode district. The below map shows the position of AVALON in RILLA MILL.