GWAVAS COTTAGE, GWAVAS LANE, NEWLYN, PENZANCE, TR18 5LH - £310,000

GWAVAS COTTAGE is a small extended detached house of 92m², built sometime before 1900. It was last sold for £310,000 in June 2020, which was around 9% below the average June 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was G, and the potential energy rating was E.

GWAVAS COTTAGE Sold Prices

Land registry data shows two sales for GWAVAS COTTAGE 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. Both of the two GWAVAS COTTAGE sales were for below 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
2020 29 JUN	£310,000	£338,993	9% below HPI
1998 21 JAN	£85,000	£86,449	2% below HPI

GWAVAS COTTAGE 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 GWAVAS COTTAGE sales from January 1998 and June 2020 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 January 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is GWAVAS COTTAGE?

GWAVAS COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where GWAVAS COTTAGE lies on this distribution: 35% of detached houses are smaller than GWAVAS COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

GWAVAS COTTAGE: Plot and Title Map

GWAVAS COTTAGE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of GWAVAS COTTAGE, 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 GWAVAS COTTAGE). 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 GWAVAS COTTAGE?

GWAVAS COTTAGE is located on GWAVAS LANE in NEWLYN, in the TR18 postcode district. The below map shows the position of GWAVAS COTTAGE on GWAVAS LANE.