GWEL TEK, SHUTE LANE, PENSILVA, LISKEARD, PL14 5QD - £290,000

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

GWEL TEK is a small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £290,000 in July 2022, which was around 34% below the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

GWEL TEK Sold Prices

Land registry data shows four sales for GWEL TEK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four GWEL TEK 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 13 JUL	£290,000	£436,442	34% below HPI
2018 19 DEC	£187,500	£335,595	44% below HPI
2003 16 JUL	£134,000	£214,306	37% below HPI
2001 31 JAN	£80,000	£118,375	32% below HPI

GWEL TEK 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 four GWEL TEK sales between January 2001 and July 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 December 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is GWEL TEK?

GWEL TEK is 73m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Pensilva, based on EPC data. The below chart shows the distribution of detached houses by size in Pensilva, and where GWEL TEK lies on this distribution: 20% of detached houses are smaller than GWEL TEK, and 78% of houses are larger. Note that EPC data is not available for all properties in Pensilva.

GWEL TEK: Plot and Title Map

GWEL TEK sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of GWEL TEK, 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 GWEL TEK). 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 GWEL TEK?

GWEL TEK is located on SHUTE LANE in PENSILVA, in the PL14 postcode district. The below map shows the position of GWEL TEK on SHUTE LANE.