FAIR OAK, SAND HILL, GUNNISLAKE, PL18 9DR - £280,000

FAIR OAK is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £280,000 in September 2021, which was around 26% below the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

FAIR OAK Sold Prices

Land registry data shows two sales for FAIR OAK 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 FAIR OAK 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
2021 21 SEP	£280,000	£380,638	26% below HPI
2012 28 SEP	£250,000	£270,021	7% below HPI

FAIR OAK 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 FAIR OAK sales from September 2012 and September 2021 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 September 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is FAIR OAK?

FAIR OAK is 132m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where FAIR OAK lies on this distribution: 72% of detached houses are smaller than FAIR OAK, and 27% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

FAIR OAK: Plot and Title Map

FAIR OAK sits on a plot of roughly 0.115 of an acre, or 463m². The below map shows the location of FAIR OAK, 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 FAIR OAK). 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 FAIR OAK?

FAIR OAK is located on SAND HILL in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of FAIR OAK on SAND HILL.