GWENOL PRAS, FORE STREET, NEWLYN, PENZANCE, TR18 5JT - £650,000

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.

GWENOL PRAS is a very large extended detached house of 248m², built sometime between 1976 and 1982, which could now be worth an estimated £917,654. It was last sold for £650,000 in October 2016, which was around 110% above the average October 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

GWENOL PRAS Sold Prices

Land registry data shows two sales for GWENOL PRAS 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 GWENOL PRAS 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
2016 18 OCT	£650,000	£309,703	110% above HPI
1997 11 AUG	£157,500	£84,600	86% above HPI

GWENOL PRAS 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 GWENOL PRAS sales from August 1997 and October 2016 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 August 1997 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the October 2016 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might GWENOL PRAS be worth now?

GWENOL PRAS might now be worth an estimated £917,654.

This is based on house price inflation of 41.2%, between October 2016 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 41.2% inflationary increase is applied to the most recent sale price for GWENOL PRAS of £650,000 on 18th October 2016. For the value to have increased from £650,000 to £917,654 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of GWENOL PRAS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of GWENOL PRAS has not materially changed since October 2016.

How Large is GWENOL PRAS?

GWENOL PRAS is 248m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newlyn, and where GWENOL PRAS lies on this distribution: 98% of detached houses houses are smaller than GWENOL PRAS, and 2% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

GWENOL PRAS: Plot and Title Map

GWENOL PRAS sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of GWENOL PRAS, 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 GWENOL PRAS). 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 GWENOL PRAS?

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