PROVIDENCE, RILLA MILL, CALLINGTON, PL17 7NT - £325,000

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.

PROVIDENCE is a midsized detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £317,634. It was last sold for £325,000 in October 2024, which was around 25% below the average October 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

PROVIDENCE Sold Prices

Land registry data shows two sales for PROVIDENCE 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 PROVIDENCE 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
2024 25 OCT	£325,000	£433,112	25% below HPI
2008 3 NOV	£125,000	£275,472	55% below HPI

PROVIDENCE 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 PROVIDENCE sales from November 2008 and October 2024 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 2008 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might PROVIDENCE be worth now?

PROVIDENCE might now be worth an estimated £317,634.

This is based on house price deflation of 2.3%, between October 2024 and April 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 2.3% deflationary decrease is applied to the most recent sale price for PROVIDENCE of £325,000 on 25th October 2024. For the value to have decreased from £325,000 to £317,634 over the two years and six months to April 2026, the following assumptions must hold true:

• The value of PROVIDENCE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of PROVIDENCE has not materially changed since October 2024.

How Large is PROVIDENCE?

PROVIDENCE is 110m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 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 PROVIDENCE lies on this distribution: 46% of detached houses houses are smaller than PROVIDENCE, and 51% of houses are larger. Note that EPC data is not available for all properties in Rilla Mill.

PROVIDENCE: Plot and Title Map

PROVIDENCE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of PROVIDENCE, 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 PROVIDENCE). 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 PROVIDENCE?

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