THE WITHYS, RICE LANE, GORRAN HAVEN, ST AUSTELL, PL26 6JF - £349,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE WITHYS is a large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £521,096. It was last sold for £349,950 in March 2015, which was around 19% above the average March 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

THE WITHYS Sold Prices

Land registry data shows three sales for THE WITHYS 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. All of the three THE WITHYS 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
2015 5 MAR	£349,950	£293,629	19% above HPI
2004 19 NOV	£360,000	£265,381	36% above HPI
2002 20 AUG	£199,950	£173,722	15% above HPI

THE WITHYS 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 WITHYS sales between August 2002 and March 2015 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 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might THE WITHYS be worth now?

THE WITHYS might now be worth an estimated £521,096.

This is based on house price inflation of 48.9%, between March 2015 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 48.9% inflationary increase is applied to the most recent sale price for THE WITHYS of £349,950 on 5th March 2015. For the value to have increased from £349,950 to £521,096 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of THE WITHYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2015 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of THE WITHYS has not materially changed since March 2015.

How Large is THE WITHYS?

THE WITHYS is 148m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses houses in Gorran Haven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorran Haven, and where THE WITHYS lies on this distribution: 75% of detached houses houses are smaller than THE WITHYS, and 24% of houses are larger. Note that EPC data is not available for all properties in Gorran Haven.

THE WITHYS: Plot and Title Map

THE WITHYS sits on a plot of roughly 0.248 of an acre, or 1,004m². The below map shows the location of THE WITHYS, 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 WITHYS). 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 WITHYS?

THE WITHYS is located on RICE LANE in GORRAN HAVEN, in the PL26 postcode district. The below map shows the position of THE WITHYS on RICE LANE.