THE FIRS, NEWBRIDGE, GUNNISLAKE, PL18 9LQ - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FIRS is a very large extended detached house of 178m², built sometime before 1900. It was last sold for £280,000 in July 2014, which was about the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The three THE FIRS sales were a mix of roughly equal to the average price, and 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
2014 7 JUL	£280,000	£281,141	Close to HPI
2000 1 DEC	£220,000	£120,548	82% above HPI
1997 30 JUN	£129,000	£79,490	62% above HPI

THE FIRS 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 three THE FIRS sales between June 1997 and July 2014 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 December 2000 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the July 2014 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 THE FIRS?

THE FIRS is 178m², which includes three extensions, according to the EPC inspection conducted in September 2012. 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 THE FIRS lies on this distribution: 87% of detached houses are smaller than THE FIRS, and 13% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 25.6 acres, or 103,451m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located in NEWBRIDGE, in the PL18 postcode district. The below map shows the position of THE FIRS in NEWBRIDGE.