1A, GWEL LEWERN, EASTERN GREEN, PENZANCE, TR18 3AX - £240,000

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

1A GWEL LEWERN is a very small detached house of 56m². It was last sold for £240,000 in January 2022, which was around 43% below the average January 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

1A GWEL LEWERN Sold Prices

Land registry data shows two sales for 1A GWEL LEWERN 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 1A GWEL LEWERN 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
2022 24 JAN	£240,000	£417,690	43% below HPI
2016 1 APR	£72,000	£306,066	76% below HPI

1A GWEL LEWERN 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 1A GWEL LEWERN sales from April 2016 and January 2022 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 April 2016 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the January 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1A GWEL LEWERN?

1A GWEL LEWERN is 56m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses by size in Trevarrack, and where 1A GWEL LEWERN lies on this distribution: 13% of detached houses are smaller than 1A GWEL LEWERN, and 87% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

1A GWEL LEWERN: Plot and Title Map

1A GWEL LEWERN sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 1A GWEL LEWERN, 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 1A GWEL LEWERN). 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 1A GWEL LEWERN?

1A GWEL LEWERN is located in EASTERN GREEN, in the TR18 postcode district. The below map shows the position of No. 1A on GWEL LEWERN.