2, GWAVAS BUNGALOWS, NEWLYN, PENZANCE, TR18 5PF - £397,500

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

2 GWAVAS BUNGALOWS is a large detached house of 122m². It was last sold for £397,500 in April 2019, which was around 20% above the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was B.

2 GWAVAS BUNGALOWS Sold Prices

Land registry data shows three sales for 2 GWAVAS BUNGALOWS 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. Two of the three 2 GWAVAS BUNGALOWS sales were for above the average price, whilst one 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
2019 9 APR	£397,500	£331,321	20% above HPI
2015 31 MAR	£365,000	£289,075	26% above HPI
2008 18 DEC	£154,000	£260,474	41% below HPI

2 GWAVAS BUNGALOWS 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 2 GWAVAS BUNGALOWS sales between December 2008 and April 2019 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 March 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2019 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 GWAVAS BUNGALOWS?

2 GWAVAS BUNGALOWS is 122m² according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 2 GWAVAS BUNGALOWS lies on this distribution: 66% of detached houses are smaller than 2 GWAVAS BUNGALOWS, and 34% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

2 GWAVAS BUNGALOWS: Plot and Title Map

2 GWAVAS BUNGALOWS sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 GWAVAS BUNGALOWS, 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 2 GWAVAS BUNGALOWS). 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 2 GWAVAS BUNGALOWS?

2 GWAVAS BUNGALOWS is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 2 on GWAVAS BUNGALOWS.