BAILEY GATE, RIVERSIDE, LELANT, ST IVES, TR26 3DW - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BAILEY GATE is a midsized detached house of 128m², built sometime between 1983 and 1990. It was last sold for £370,000 in June 2014, which was around 33% above the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

BAILEY GATE Sold Prices

Land registry data shows two sales for BAILEY GATE 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 BAILEY GATE 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
2014 20 JUN	£370,000	£277,730	33% above HPI
2008 11 FEB	£300,000	£296,771	1% above HPI

BAILEY GATE 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 BAILEY GATE sales from February 2008 and June 2014 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 February 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2014 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is BAILEY GATE?

BAILEY GATE is 128m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses by size in Lelant, and where BAILEY GATE lies on this distribution: 46% of detached houses are smaller than BAILEY GATE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lelant.

BAILEY GATE: Plot and Title Map

BAILEY GATE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of BAILEY GATE, 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 BAILEY GATE). 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 BAILEY GATE?

BAILEY GATE is located on RIVERSIDE in LELANT, in the TR26 postcode district. The below map shows the position of BAILEY GATE on RIVERSIDE.