GENESIS, KING STREET, GUNNISLAKE, PL18 9JS - £292,000

GENESIS is a midsized extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £292,000 in December 2020, which was around 23% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

GENESIS Sold Prices

Land registry data shows four sales for GENESIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four GENESIS 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
2020 11 DEC	£292,000	£379,621	23% below HPI
2012 21 FEB	£247,500	£273,603	10% below HPI
2006 13 JUL	£235,000	£269,302	13% below HPI
1996 15 NOV	£70,000	£75,607	7% below HPI

GENESIS 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 four GENESIS sales between November 1996 and December 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 February 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is GENESIS?

GENESIS is 105m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where GENESIS lies on this distribution: 48% of detached houses are smaller than GENESIS, and 50% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

GENESIS: Plot and Title Map

GENESIS sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of GENESIS, 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 GENESIS). 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 GENESIS?

GENESIS is located on KING STREET in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of GENESIS on KING STREET.