NIRVANA, STATION ROAD, GUNNISLAKE, PL18 9DX - £275,000

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.

NIRVANA is a large extended detached house of 129m², built sometime between 1983 and 1990, which could now be worth an estimated £430,813. It was last sold for £275,000 in May 2012, which was around 1% below the average May 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

NIRVANA Sold Prices

Land registry data shows two sales for NIRVANA 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. One of the two NIRVANA sales was for below the average price, whilst the other was 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
2012 25 MAY	£275,000	£279,097	1% below HPI
2007 30 NOV	£323,000	£306,692	5% above HPI

NIRVANA 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 NIRVANA sales from November 2007 and May 2012 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 November 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2012 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might NIRVANA be worth now?

NIRVANA might now be worth an estimated £430,813.

This is based on house price inflation of 56.7%, between May 2012 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 56.7% inflationary increase is applied to the most recent sale price for NIRVANA of £275,000 on 25th May 2012. For the value to have increased from £275,000 to £430,813 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of NIRVANA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of NIRVANA has not materially changed since May 2012.

How Large is NIRVANA?

NIRVANA is 129m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% 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 NIRVANA lies on this distribution: 70% of detached houses houses are smaller than NIRVANA, and 30% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

NIRVANA: Plot and Title Map

NIRVANA sits on a plot of roughly 20.0 acres, or 80,899m². The below map shows the location of NIRVANA, 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 NIRVANA). 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 NIRVANA?

NIRVANA is located on STATION ROAD in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of NIRVANA on STATION ROAD.