10, GURNICK ESTATE, NEWLYN, PENZANCE, TR18 5DU - £620,000

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

10 GURNICK ESTATE is a very small extended detached house of 68m², built sometime between 1930 and 1949. It was last sold for £620,000 in January 2024, which was around 43% above the average January 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

10 GURNICK ESTATE Sold Prices

Land registry data shows two sales for 10 GURNICK ESTATE 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. One of the two 10 GURNICK ESTATE sales was for above the average price, whilst the other was 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 18 JAN	£620,000	£433,343	43% above HPI
2016 29 JUL	£265,000	£297,479	11% below HPI

10 GURNICK ESTATE 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 10 GURNICK ESTATE sales from July 2016 and January 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 July 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2024 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 10 GURNICK ESTATE?

10 GURNICK ESTATE is 68m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 10 GURNICK ESTATE lies on this distribution: 8% of detached houses are smaller than 10 GURNICK ESTATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

10 GURNICK ESTATE: Plot and Title Map

10 GURNICK ESTATE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 10 GURNICK ESTATE, 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 10 GURNICK ESTATE). 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 10 GURNICK ESTATE?

10 GURNICK ESTATE is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 10 on GURNICK ESTATE.