CHIMNEY ROCK, KING STREET, GUNNISLAKE, PL18 9JX - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHIMNEY ROCK is a small extended detached house of 86m², built sometime before 1900. It was last sold for £205,000 in January 2024, which was around 53% below the average January 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

CHIMNEY ROCK Sold Prices

Land registry data shows two sales for CHIMNEY ROCK 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 CHIMNEY ROCK 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
2024 15 JAN	£205,000	£433,343	53% below HPI
1997 23 DEC	£52,000	£85,978	40% below HPI

CHIMNEY ROCK 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 CHIMNEY ROCK sales from December 1997 and January 2024 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 December 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2024 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is CHIMNEY ROCK?

CHIMNEY ROCK is 86m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where CHIMNEY ROCK lies on this distribution: 29% of detached houses are smaller than CHIMNEY ROCK, and 70% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

CHIMNEY ROCK: Plot and Title Map

CHIMNEY ROCK sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of CHIMNEY ROCK, 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 CHIMNEY ROCK). 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 CHIMNEY ROCK?

CHIMNEY ROCK is located on KING STREET in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of CHIMNEY ROCK on KING STREET.