20, LOWER GURNICK ROAD, NEWLYN, PENZANCE, TR18 5QL - £242,500

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

20 LOWER GURNICK ROAD is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £242,500 in May 2014, which was around 13% below the average May 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

20 LOWER GURNICK ROAD Sold Prices

Land registry data shows two sales for 20 LOWER GURNICK ROAD 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 20 LOWER 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
2014 14 MAY	£242,500	£279,254	13% below HPI
1999 8 JAN	£70,000	£91,704	24% below HPI

20 LOWER 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 two 20 LOWER GURNICK ROAD sales from January 1999 and May 2014 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 January 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 20 LOWER GURNICK ROAD?

20 LOWER GURNICK ROAD is 78m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 LOWER GURNICK ROAD lies on this distribution: 17% of detached houses are smaller than 20 LOWER GURNICK ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

20 LOWER GURNICK ROAD: Plot and Title Map

20 LOWER GURNICK ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 20 LOWER 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 20 LOWER 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 20 LOWER GURNICK ROAD?

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