7, MALT HOUSE GARDENS, NEWLYN, PENZANCE, TR18 5EX - £285,000

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.

7 MALT HOUSE GARDENS is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £394,342. It was last sold for £285,000 in June 2017, which was around 10% below the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

7 MALT HOUSE GARDENS Sold Prices

Land registry data shows four sales for 7 MALT HOUSE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 7 MALT HOUSE GARDENS 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
2017 26 JUN	£285,000	£315,997	10% below HPI
2011 28 APR	£265,000	£274,768	4% below HPI
2000 3 MAR	£125,000	£106,842	17% above HPI
1996 28 OCT	£65,000	£76,556	15% below HPI

7 MALT HOUSE GARDENS 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 four 7 MALT HOUSE GARDENS sales between October 1996 and June 2017 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 MALT HOUSE GARDENS be worth now?

7 MALT HOUSE GARDENS might now be worth an estimated £394,342.

This is based on house price inflation of 38.4%, between June 2017 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 38.4% inflationary increase is applied to the most recent sale price for 7 MALT HOUSE GARDENS of £285,000 on 26th June 2017. For the value to have increased from £285,000 to £394,342 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 7 MALT HOUSE GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MALT HOUSE GARDENS has not materially changed since June 2017.

How Large is 7 MALT HOUSE GARDENS?

7 MALT HOUSE GARDENS is 73m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% 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 7 MALT HOUSE GARDENS lies on this distribution: 11% of detached houses houses are smaller than 7 MALT HOUSE GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

7 MALT HOUSE GARDENS: Plot and Title Map

7 MALT HOUSE GARDENS sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 7 MALT HOUSE GARDENS, 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 7 MALT HOUSE GARDENS). 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 7 MALT HOUSE GARDENS?

7 MALT HOUSE GARDENS is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 7 on MALT HOUSE GARDENS.