CADWELL, DRAKEWALLS, GUNNISLAKE, PL18 9EE - £245,000

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.

CADWELL is a small detached house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £231,107. It was last sold for £245,000 in December 2022, which was around 47% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

CADWELL Sold Prices

Land registry data shows three sales for CADWELL 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 CADWELL 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
2022 21 DEC	£245,000	£463,515	47% below HPI
2006 4 APR	£144,000	£268,121	46% below HPI
1999 3 DEC	£49,000	£104,954	53% below HPI

CADWELL 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 CADWELL sales between December 1999 and December 2022 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 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might CADWELL be worth now?

CADWELL might now be worth an estimated £231,107.

This is based on house price deflation of 5.7%, between December 2022 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 5.7% deflationary decrease is applied to the most recent sale price for CADWELL of £245,000 on 21st December 2022. For the value to have decreased from £245,000 to £231,107 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of CADWELL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of CADWELL has not materially changed since December 2022.

How Large is CADWELL?

CADWELL is 89m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 CADWELL lies on this distribution: 33% of detached houses houses are smaller than CADWELL, and 66% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

CADWELL: Plot and Title Map

CADWELL sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of CADWELL, 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 CADWELL). 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 CADWELL?

CADWELL is located in DRAKEWALLS, in the PL18 postcode district. The below map shows the position of CADWELL in DRAKEWALLS.