36, RESTORMEL ROAD, NEWLYN, PENZANCE, TR18 5QP - £83,000

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

36 RESTORMEL ROAD is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £83,000 in September 1997, which was around 1% below the average September 1997 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

36 RESTORMEL ROAD Sold Prices

Land registry data shows two sales for 36 RESTORMEL 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. One of the two 36 RESTORMEL ROAD sales was for below the average price, whilst the other 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
1997 17 SEP	£83,000	£83,854	1% below HPI
1996 16 FEB	£77,950	£70,332	11% above HPI

36 RESTORMEL 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 36 RESTORMEL ROAD sales from February 1996 and September 1997 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 February 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 1997 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 36 RESTORMEL ROAD?

36 RESTORMEL ROAD is 79m² according to the EPC inspection conducted in February 2015. 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 36 RESTORMEL ROAD lies on this distribution: 19% of detached houses are smaller than 36 RESTORMEL ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

36 RESTORMEL ROAD: Plot and Title Map

36 RESTORMEL ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 36 RESTORMEL 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 36 RESTORMEL 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 36 RESTORMEL ROAD?

36 RESTORMEL ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 36 on RESTORMEL ROAD.