24, GWEL LEWERN, EASTERN GREEN, PENZANCE, TR18 3AX - £204,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 GWEL LEWERN is a small extended detached house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £315,364. It was last sold for £204,000 in September 2013, which was around 28% below the average September 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

24 GWEL LEWERN Sold Prices

Land registry data shows two sales for 24 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 24 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
2013 23 SEP	£204,000	£282,832	28% below HPI
2002 19 JUL	£88,250	£167,868	47% below HPI

24 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 24 GWEL LEWERN sales from July 2002 and September 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 July 2002 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 24 GWEL LEWERN be worth now?

24 GWEL LEWERN might now be worth an estimated £315,364.

This is based on house price inflation of 54.6%, between September 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 54.6% inflationary increase is applied to the most recent sale price for 24 GWEL LEWERN of £204,000 on 23rd September 2013. For the value to have increased from £204,000 to £315,364 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 GWEL LEWERN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2013 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GWEL LEWERN has not materially changed since September 2013.

How Large is 24 GWEL LEWERN?

24 GWEL LEWERN is 79m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trevarrack, and where 24 GWEL LEWERN lies on this distribution: 25% of detached houses houses are smaller than 24 GWEL LEWERN, and 75% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

24 GWEL LEWERN: Plot and Title Map

24 GWEL LEWERN sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 24 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 24 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 24 GWEL LEWERN?

24 GWEL LEWERN is located in EASTERN GREEN, in the TR18 postcode district. The below map shows the position of No. 24 on GWEL LEWERN.