16, GURNICK ROAD, NEWLYN, PENZANCE, TR18 5DG - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GURNICK ROAD is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £288,229. It was last sold for £180,000 in May 2013, which was around 34% below the average May 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

16 GURNICK ROAD Sold Prices

Land registry data shows four sales for 16 GURNICK ROAD 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 16 GURNICK ROAD 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
2013 31 MAY	£180,000	£273,052	34% below HPI
2007 1 MAY	£215,000	£290,808	26% below HPI
2005 19 SEP	£190,000	£265,746	29% below HPI
2001 5 MAR	£78,500	£123,475	36% below HPI

16 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 four 16 GURNICK ROAD sales between March 2001 and May 2013 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 May 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 16 GURNICK ROAD be worth now?

16 GURNICK ROAD might now be worth an estimated £288,229.

This is based on house price inflation of 60.1%, between May 2013 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 60.1% inflationary increase is applied to the most recent sale price for 16 GURNICK ROAD of £180,000 on 31st May 2013. For the value to have increased from £180,000 to £288,229 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 16 GURNICK ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2013 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GURNICK ROAD has not materially changed since May 2013.

How Large is 16 GURNICK ROAD?

16 GURNICK ROAD is 71m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newlyn, and where 16 GURNICK ROAD lies on this distribution: 8% of detached houses houses are smaller than 16 GURNICK ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

16 GURNICK ROAD: Plot and Title Map

16 GURNICK ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 16 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 16 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 16 GURNICK ROAD?

16 GURNICK ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 16 on GURNICK ROAD.