20, GWAVAS ROAD, NEWLYN, PENZANCE, TR18 5LY - £306,000

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

20 GWAVAS ROAD is a very large extended detached house of 154m², built sometime between 1930 and 1949. It was last sold for £306,000 in October 2017, which was around 6% below the average October 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

20 GWAVAS ROAD Sold Prices

Land registry data shows three sales for 20 GWAVAS ROAD 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 20 GWAVAS ROAD sales were for below the average price, whilst one was 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
2017 26 OCT	£306,000	£324,548	6% below HPI
2005 10 AUG	£226,000	£259,599	13% below HPI
2000 25 SEP	£132,000	£121,107	9% above HPI

20 GWAVAS 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 three 20 GWAVAS ROAD sales between September 2000 and October 2017 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 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 20 GWAVAS ROAD?

20 GWAVAS ROAD is 154m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 20 GWAVAS ROAD lies on this distribution: 83% of detached houses are smaller than 20 GWAVAS ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

20 GWAVAS ROAD: Plot and Title Map

20 GWAVAS ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 20 GWAVAS 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 20 GWAVAS 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 20 GWAVAS ROAD?

20 GWAVAS ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 20 on GWAVAS ROAD.