CLIFF CASTLE, FORE STREET, NEWLYN, PENZANCE, TR18 5JU - £575,000

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

CLIFF CASTLE is a very large extended detached house of 198m², built sometime before 1900. It was last sold for £575,000 in April 2015, which was around 96% above the average April 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

CLIFF CASTLE Sold Prices

Land registry data shows three sales for CLIFF CASTLE 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 CLIFF CASTLE 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
2015 1 APR	£575,000	£292,933	96% above HPI
2011 30 SEP	£475,000	£274,568	73% above HPI
1999 14 DEC	£173,000	£103,327	67% above HPI

CLIFF CASTLE 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 CLIFF CASTLE sales between December 1999 and April 2015 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 September 2011 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the April 2015 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is CLIFF CASTLE?

CLIFF CASTLE is 198m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where CLIFF CASTLE lies on this distribution: 94% of detached houses are smaller than CLIFF CASTLE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

CLIFF CASTLE: Plot and Title Map

CLIFF CASTLE sits on a plot of roughly 0.333 of an acre, or 1,348m². The below map shows the location of CLIFF CASTLE, 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 CLIFF CASTLE). 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 CLIFF CASTLE?

CLIFF CASTLE is located on FORE STREET in NEWLYN, in the TR18 postcode district. The below map shows the position of CLIFF CASTLE on FORE STREET.