5, GILLYS WALK, ALBASTON, GUNNISLAKE, PL18 9BJ - £165,000

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

5 GILLYS WALK is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £232,596. It was last sold for £165,000 in October 2015, which was around 47% below the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

5 GILLYS WALK Sold Prices

Land registry data shows two sales for 5 GILLYS WALK 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 5 GILLYS WALK 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
2015 27 OCT	£165,000	£310,165	47% below HPI
1999 24 AUG	£60,000	£99,651	40% below HPI

5 GILLYS WALK 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 5 GILLYS WALK sales from August 1999 and October 2015 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 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2015 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 5 GILLYS WALK be worth now?

5 GILLYS WALK might now be worth an estimated £232,596.

This is based on house price inflation of 41%, between October 2015 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 41% inflationary increase is applied to the most recent sale price for 5 GILLYS WALK of £165,000 on 27th October 2015. For the value to have increased from £165,000 to £232,596 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 GILLYS WALK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GILLYS WALK has not materially changed since October 2015.

How Large is 5 GILLYS WALK?

5 GILLYS WALK is 75m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where 5 GILLYS WALK lies on this distribution: 15% of detached houses houses are smaller than 5 GILLYS WALK, and 83% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

5 GILLYS WALK: Plot and Title Map

5 GILLYS WALK sits on a plot of roughly 10.0 acres, or 40,527m². The below map shows the location of 5 GILLYS WALK, 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 5 GILLYS WALK). 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 5 GILLYS WALK?

5 GILLYS WALK is located in ALBASTON, in the PL18 postcode district. The below map shows the position of No. 5 on GILLYS WALK.