28, LOWER GURNICK ROAD, NEWLYN, PENZANCE, TR18 5QN - £290,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

28 LOWER GURNICK ROAD is a large detached house of 113m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2020, which was around 20% below the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

28 LOWER GURNICK ROAD Sold Prices

Land registry data shows two sales for 28 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 28 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
2020 13 OCT	£290,000	£364,602	20% below HPI
2003 13 MAR	£189,000	£198,922	5% below HPI

28 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 28 LOWER GURNICK ROAD sales from March 2003 and October 2020 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 28 LOWER GURNICK ROAD?

28 LOWER GURNICK ROAD is 113m² according to the EPC inspection conducted in January 2014. 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 28 LOWER GURNICK ROAD lies on this distribution: 60% of detached houses are smaller than 28 LOWER GURNICK ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

28 LOWER GURNICK ROAD: Plot and Title Map

28 LOWER GURNICK ROAD sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 28 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 28 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 28 LOWER GURNICK ROAD?

28 LOWER GURNICK ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 28 on LOWER GURNICK ROAD.