MALINDI PINE RIDGE, KINGSWOOD ROAD, GUNNISLAKE, PL18 9DF - £115,000

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

MALINDI PINE RIDGE is a very large detached house of 164m², built sometime between 1976 and 1982. It was last sold for £115,000 in May 1998, which was around 31% above the average May 1998 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

MALINDI PINE RIDGE Sold Prices

Land registry data shows two sales for MALINDI PINE RIDGE 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 MALINDI PINE RIDGE 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
1998 18 MAY	£115,000	£87,601	31% above HPI
1997 11 JUL	£100,000	£80,895	24% above HPI

MALINDI PINE RIDGE 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 MALINDI PINE RIDGE sales from July 1997 and May 1998 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 July 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 1998 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is MALINDI PINE RIDGE?

MALINDI PINE RIDGE is 164m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where MALINDI PINE RIDGE lies on this distribution: 83% of detached houses are smaller than MALINDI PINE RIDGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

MALINDI PINE RIDGE: Plot and Title Map

MALINDI PINE RIDGE sits on a plot of roughly 2.6 acres, or 10,457m². The below map shows the location of MALINDI PINE RIDGE, 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 MALINDI PINE RIDGE). 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 MALINDI PINE RIDGE?

MALINDI PINE RIDGE is located on KINGSWOOD ROAD in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of MALINDI PINE RIDGE on KINGSWOOD ROAD.