ASNI, LANE REDDIN TERRACE, NEWLYN, PENZANCE, TR18 5BL - £101,010

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.

ASNI is a small detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £144,044. It was last sold for £101,010 in February 2016, which was around 67% below the average February 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2015, where the current energy rating was F, and the potential energy rating was B.

ASNI Sold Prices

Land registry data shows two sales for ASNI 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 ASNI 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
2016 9 FEB	£101,010	£306,605	67% below HPI
1998 3 JUL	£69,000	£91,545	25% below HPI

ASNI 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 ASNI sales from July 1998 and February 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 July 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2016 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might ASNI be worth now?

ASNI might now be worth an estimated £144,044.

This is based on house price inflation of 42.6%, between February 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 42.6% inflationary increase is applied to the most recent sale price for ASNI of £101,010 on 9th February 2016. For the value to have increased from £101,010 to £144,044 over the nine years to February 2025, the following assumptions must hold true:

• The value of ASNI has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2016 sale price of £101,010 represented a fair market value for the property.
• The size, condition, and specification of ASNI has not materially changed since February 2016.

How Large is ASNI?

ASNI is 94m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 ASNI lies on this distribution: 35% of detached houses houses are smaller than ASNI, and 63% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

ASNI: Plot and Title Map

ASNI sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of ASNI, 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 ASNI). 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 ASNI?

ASNI is located on LANE REDDIN TERRACE in NEWLYN, in the TR18 postcode district. The below map shows the position of ASNI on LANE REDDIN TERRACE.