LIZAIRE, THE BOWJEY HILL, NEWLYN, PENZANCE, TR18 5LR - £1,414,141

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

LIZAIRE is a very large extended detached house of 284m², built sometime between 1991 and 1995. It was last sold for £1,414,141 in January 2024, which was around 226% above the average January 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

LIZAIRE Sold Prices

Land registry data shows three sales for LIZAIRE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three LIZAIRE 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
2024 24 JAN	£1,414,141	£434,242	226% above HPI
2018 4 JUN	£585,000	£326,989	79% above HPI
2014 12 SEP	£500,000	£290,112	72% above HPI

LIZAIRE 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 three LIZAIRE sales between September 2014 and January 2024 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 June 2018 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the January 2024 sale, where it rises to 226% above the HPI. The line then continues to track at 226% above the HPI.

How Large is LIZAIRE?

LIZAIRE is 284m², which includes two extensions, according to the EPC inspection conducted in March 2023. 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 LIZAIRE lies on this distribution: 99% of detached houses are smaller than LIZAIRE, and 1% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

LIZAIRE: Plot and Title Map

LIZAIRE sits on a plot of roughly 0.508 of an acre, or 2,056m². The below map shows the location of LIZAIRE, 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 LIZAIRE). 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 LIZAIRE?

LIZAIRE is located on THE BOWJEY HILL in NEWLYN, in the TR18 postcode district. The below map shows the position of LIZAIRE on THE BOWJEY HILL.