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

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

GWENOL PRAS is a very large extended detached house of 248m², built sometime between 1976 and 1982. It was last sold for £650,000 in October 2016, which was around 113% 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	£304,899	113% above HPI
1997 11 AUG	£157,500	£83,288	89% 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 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the October 2016 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

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 in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where GWENOL PRAS lies on this distribution: 98% of detached 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.