10, RIDGEVALE CLOSE, GULVAL, PENZANCE, TR18 3RB - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 RIDGEVALE CLOSE is a very large detached house of 192m², built sometime between 1991 and 1995, which could now be worth an estimated £493,243. It was last sold for £435,000 in December 2020, which was around 13% above the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

10 RIDGEVALE CLOSE Sold Prices

Land registry data shows two sales for 10 RIDGEVALE CLOSE 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 10 RIDGEVALE CLOSE sales were for above 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	£435,000	£385,602	13% above HPI
2008 1 AUG	£480,000	£285,743	68% above HPI

10 RIDGEVALE CLOSE 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 RIDGEVALE CLOSE sales from August 2008 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 August 2008 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 10 RIDGEVALE CLOSE be worth now?

10 RIDGEVALE CLOSE might now be worth an estimated £493,243.

This is based on house price inflation of 13.4%, between December 2020 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 10 RIDGEVALE CLOSE of £435,000 on 11th December 2020. For the value to have increased from £435,000 to £493,243 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 RIDGEVALE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIDGEVALE CLOSE has not materially changed since December 2020.

How Large is 10 RIDGEVALE CLOSE?

10 RIDGEVALE CLOSE is 192m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trevarrack, and where 10 RIDGEVALE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 10 RIDGEVALE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

10 RIDGEVALE CLOSE: Plot and Title Map

10 RIDGEVALE CLOSE sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 10 RIDGEVALE CLOSE, 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 RIDGEVALE CLOSE). 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 RIDGEVALE CLOSE?

10 RIDGEVALE CLOSE is located in GULVAL, in the TR18 postcode district. The below map shows the position of No. 10 on RIDGEVALE CLOSE.