5, GWAVAS BUNGALOWS, NEWLYN, PENZANCE, TR18 5PF - £70,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GWAVAS BUNGALOWS is a small extended detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £291,615. It was last sold for £70,000 in December 1999, which was around 33% below the average December 1999 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

5 GWAVAS BUNGALOWS Sold Prices

Land registry data shows two sales for 5 GWAVAS BUNGALOWS 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 GWAVAS BUNGALOWS 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
1999 13 DEC	£70,000	£104,954	33% below HPI
1997 20 JUN	£71,000	£80,742	12% below HPI

5 GWAVAS BUNGALOWS 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 GWAVAS BUNGALOWS sales from June 1997 and December 1999 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 June 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 1999 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 GWAVAS BUNGALOWS be worth now?

5 GWAVAS BUNGALOWS might now be worth an estimated £291,615.

This is based on house price inflation of 316.6%, between December 1999 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 316.6% inflationary increase is applied to the most recent sale price for 5 GWAVAS BUNGALOWS of £70,000 on 13th December 1999. For the value to have increased from £70,000 to £291,615 over the 26 years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 GWAVAS BUNGALOWS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 1999 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GWAVAS BUNGALOWS has not materially changed since December 1999.

How Large is 5 GWAVAS BUNGALOWS?

5 GWAVAS BUNGALOWS is 85m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newlyn, and where 5 GWAVAS BUNGALOWS lies on this distribution: 25% of detached houses houses are smaller than 5 GWAVAS BUNGALOWS, and 75% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

5 GWAVAS BUNGALOWS: Plot and Title Map

5 GWAVAS BUNGALOWS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 5 GWAVAS BUNGALOWS, 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 GWAVAS BUNGALOWS). 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 GWAVAS BUNGALOWS?

5 GWAVAS BUNGALOWS is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 5 on GWAVAS BUNGALOWS.