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

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.

MALINDI PINE RIDGE is a very large detached house of 164m², built sometime between 1976 and 1982, which could now be worth an estimated £565,076. It was last sold for £115,000 in May 1998, which was around 29% 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	£88,982	29% above HPI
1997 11 JUL	£100,000	£82,169	22% 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 1998 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might MALINDI PINE RIDGE be worth now?

MALINDI PINE RIDGE might now be worth an estimated £565,076.

This is based on house price inflation of 391.4%, between May 1998 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 391.4% inflationary increase is applied to the most recent sale price for MALINDI PINE RIDGE of £115,000 on 18th May 1998. For the value to have increased from £115,000 to £565,076 over the 27 years and three months to February 2025, the following assumptions must hold true:

• The value of MALINDI PINE RIDGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 1998 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of MALINDI PINE RIDGE has not materially changed since May 1998.

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 houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where MALINDI PINE RIDGE lies on this distribution: 83% of detached houses 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.