10, GWEL TEK, PHILLACK, HAYLE, TR27 4QN - £305,000

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 GWEL TEK is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £305,000 in March 2024, which was around 29% below the average March 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

10 GWEL TEK Sold Prices

Land registry data shows three sales for 10 GWEL TEK 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. All of the three 10 GWEL TEK 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 21 MAR	£305,000	£432,326	29% below HPI
2005 22 JUL	£220,000	£259,981	15% below HPI
1995 5 SEP	£66,000	£70,014	6% below HPI

10 GWEL TEK 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 10 GWEL TEK sales between September 1995 and March 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 10 GWEL TEK?

10 GWEL TEK is 62m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 10 GWEL TEK lies on this distribution: 6% of detached houses are smaller than 10 GWEL TEK, and 93% of houses are larger. Note that EPC data is not available for all properties in Hayle.

10 GWEL TEK: Plot and Title Map

10 GWEL TEK sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 10 GWEL TEK, 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 GWEL TEK). 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 GWEL TEK?

10 GWEL TEK is located in PHILLACK, in the TR27 postcode district. The below map shows the position of No. 10 on GWEL TEK.