FRANCARA, DELAWARE ROAD, DRAKEWALLS, GUNNISLAKE, PL18 9EH - £192,500

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

FRANCARA is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £192,500 in June 2018, which was around 41% below the average June 2018 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 C.

FRANCARA Sold Prices

Land registry data shows two sales for FRANCARA 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 FRANCARA 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
2018 6 JUN	£192,500	£326,989	41% below HPI
2009 19 OCT	£162,000	£260,752	38% below HPI

FRANCARA 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 FRANCARA sales from October 2009 and June 2018 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 October 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is FRANCARA?

FRANCARA is 88m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where FRANCARA lies on this distribution: 32% of detached houses are smaller than FRANCARA, and 68% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

FRANCARA: Plot and Title Map

FRANCARA sits on a plot of roughly 37.1 acres, or 150,002m². The below map shows the location of FRANCARA, 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 FRANCARA). 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 FRANCARA?

FRANCARA is located on DELAWARE ROAD in DRAKEWALLS, in the PL18 postcode district. The below map shows the position of FRANCARA on DELAWARE ROAD.