GLENISPRAY, PENWERRIS RISE, PRAA SANDS, PENZANCE, TR20 9TD - £465,000

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.

GLENISPRAY is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £548,978. It was last sold for £465,000 in October 2020, which was around 26% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

GLENISPRAY Sold Prices

Land registry data shows two sales for GLENISPRAY 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 GLENISPRAY 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
2020 9 OCT	£465,000	£370,347	26% above HPI
2017 20 DEC	£380,000	£328,578	16% above HPI

GLENISPRAY 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 GLENISPRAY sales from December 2017 and October 2020 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 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might GLENISPRAY be worth now?

GLENISPRAY might now be worth an estimated £548,978.

This is based on house price inflation of 18.1%, between October 2020 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 18.1% inflationary increase is applied to the most recent sale price for GLENISPRAY of £465,000 on 9th October 2020. For the value to have increased from £465,000 to £548,978 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of GLENISPRAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2020 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of GLENISPRAY has not materially changed since October 2020.

How Large is GLENISPRAY?

GLENISPRAY is 79m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Praa Sands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Praa Sands, and where GLENISPRAY lies on this distribution: 3% of detached houses houses are smaller than GLENISPRAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Praa Sands.

GLENISPRAY: Plot and Title Map

GLENISPRAY sits on a plot of roughly 351.6 acres, or 1,422,725m². The below map shows the location of GLENISPRAY, 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 GLENISPRAY). 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 GLENISPRAY?

GLENISPRAY is located on PENWERRIS RISE in PRAA SANDS, in the TR20 postcode district. The below map shows the position of GLENISPRAY on PENWERRIS RISE.