MORVAH HOUSE, CHYWOONE HILL, NEWLYN, PENZANCE, TR18 5AP - £863,000

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.

MORVAH HOUSE is a very large extended detached house of 222m², built sometime before 1900, which could now be worth an estimated £834,104. It was last sold for £863,000 in September 2023, which was around 91% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

MORVAH HOUSE Sold Prices

Land registry data shows five sales for MORVAH HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five MORVAH HOUSE 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
2023 30 SEP	£863,000	£452,378	91% above HPI
2010 31 AUG	£460,000	£284,028	62% above HPI
2009 15 JUN	£410,000	£255,015	61% above HPI
2003 2 MAY	£299,950	£208,837	44% above HPI
1996 27 AUG	£85,000	£74,118	15% above HPI

MORVAH HOUSE 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 five MORVAH HOUSE sales between August 1996 and September 2023 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 2010 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2023 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might MORVAH HOUSE be worth now?

MORVAH HOUSE might now be worth an estimated £834,104.

This is based on house price deflation of 3.3%, between September 2023 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 3.3% deflationary decrease is applied to the most recent sale price for MORVAH HOUSE of £863,000 on 30th September 2023. For the value to have decreased from £863,000 to £834,104 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of MORVAH HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2023 sale price of £863,000 represented a fair market value for the property.
• The size, condition, and specification of MORVAH HOUSE has not materially changed since September 2023.

How Large is MORVAH HOUSE?

MORVAH HOUSE is 222m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 MORVAH HOUSE lies on this distribution: 97% of detached houses houses are smaller than MORVAH HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

MORVAH HOUSE: Plot and Title Map

MORVAH HOUSE sits on a plot of roughly 0.308 of an acre, or 1,248m². The below map shows the location of MORVAH HOUSE, 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 MORVAH HOUSE). 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 MORVAH HOUSE?

MORVAH HOUSE is located on CHYWOONE HILL in NEWLYN, in the TR18 postcode district. The below map shows the position of MORVAH HOUSE on CHYWOONE HILL.