1, GURNICK ROAD, NEWLYN, PENZANCE, TR18 5DG - £399,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GURNICK ROAD is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £399,950 in September 2020, which was around 13% above the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

1 GURNICK ROAD Sold Prices

Land registry data shows three sales for 1 GURNICK ROAD 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. One of the three 1 GURNICK ROAD sales was for above the average price, whilst two 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 30 SEP	£399,950	£354,778	13% above HPI
2003 20 JUN	£194,000	£210,608	8% below HPI
1999 9 JUL	£64,000	£96,437	34% below HPI

1 GURNICK ROAD 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 1 GURNICK ROAD sales between July 1999 and September 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 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 GURNICK ROAD?

1 GURNICK ROAD is 127m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 1 GURNICK ROAD lies on this distribution: 69% of detached houses are smaller than 1 GURNICK ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

1 GURNICK ROAD: Plot and Title Map

1 GURNICK ROAD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 1 GURNICK ROAD, 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 1 GURNICK ROAD). 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 1 GURNICK ROAD?

1 GURNICK ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 1 on GURNICK ROAD.