6, RIDGEVALE CLOSE, GULVAL, PENZANCE, TR18 3RB - £332,500

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.

6 RIDGEVALE CLOSE is a large detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £467,626. It was last sold for £332,500 in April 2016, which was around 7% above the average April 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

6 RIDGEVALE CLOSE Sold Prices

Land registry data shows three sales for 6 RIDGEVALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 6 RIDGEVALE CLOSE sales were 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
2016 30 APR	£332,500	£310,888	7% above HPI
2015 30 APR	£332,500	£297,548	12% above HPI
1996 17 NOV	£95,000	£76,798	24% above HPI

6 RIDGEVALE CLOSE 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 three 6 RIDGEVALE CLOSE sales between November 1996 and April 2016 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 April 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 6 RIDGEVALE CLOSE be worth now?

6 RIDGEVALE CLOSE might now be worth an estimated £467,626.

This is based on house price inflation of 40.6%, between April 2016 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 40.6% inflationary increase is applied to the most recent sale price for 6 RIDGEVALE CLOSE of £332,500 on 30th April 2016. For the value to have increased from £332,500 to £467,626 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 6 RIDGEVALE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2016 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 6 RIDGEVALE CLOSE has not materially changed since April 2016.

How Large is 6 RIDGEVALE CLOSE?

6 RIDGEVALE CLOSE is 140m² according to the EPC inspection conducted in November 2014. This puts it in the largest 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 6 RIDGEVALE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 6 RIDGEVALE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

6 RIDGEVALE CLOSE: Plot and Title Map

6 RIDGEVALE CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 6 RIDGEVALE CLOSE, 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 6 RIDGEVALE CLOSE). 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 6 RIDGEVALE CLOSE?

6 RIDGEVALE CLOSE is located in GULVAL, in the TR18 postcode district. The below map shows the position of No. 6 on RIDGEVALE CLOSE.