BAY TREES, ALBASTON, GUNNISLAKE, PL18 9AL - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BAY TREES is a large extended detached house of 128m², built sometime before 1900, which could now be worth an estimated £348,480. It was last sold for £275,000 in August 2019, which was around 20% below the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

BAY TREES Sold Prices

Land registry data shows three sales for BAY TREES 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 BAY TREES 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
2019 29 AUG	£275,000	£345,037	20% below HPI
2010 23 JUL	£246,500	£281,107	12% below HPI
2003 1 DEC	£225,000	£227,369	1% below HPI

BAY TREES 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 BAY TREES sales between December 2003 and August 2019 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 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might BAY TREES be worth now?

BAY TREES might now be worth an estimated £348,480.

This is based on house price inflation of 26.7%, between August 2019 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 26.7% inflationary increase is applied to the most recent sale price for BAY TREES of £275,000 on 29th August 2019. For the value to have increased from £275,000 to £348,480 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of BAY TREES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of BAY TREES has not materially changed since August 2019.

How Large is BAY TREES?

BAY TREES is 128m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where BAY TREES lies on this distribution: 68% of detached houses houses are smaller than BAY TREES, and 32% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

BAY TREES: Plot and Title Map

BAY TREES sits on a plot of roughly 102.9 acres, or 416,563m². The below map shows the location of BAY TREES, 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 BAY TREES). 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 BAY TREES?

BAY TREES is located in ALBASTON, in the PL18 postcode district. The below map shows the position of BAY TREES in ALBASTON.