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

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

NIRVANA is a large extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2012, which was about 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 roughly equal to 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	£274,769	Close to HPI
2007 30 NOV	£323,000	£301,935	7% 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where NIRVANA lies on this distribution: 70% of detached 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.