KARRJI, PENDREA ROAD, GULVAL, PENZANCE, TR18 3ND - £190,000

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.

KARRJI is a very small detached house of 50m², built sometime between 2007 and 2011, which could now be worth an estimated £189,202. It was last sold for £190,000 in January 2025, which was around 57% below the average January 2025 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was C.

KARRJI Sold Prices

Land registry data shows two sales for KARRJI 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 KARRJI 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
2025 17 JAN	£190,000	£439,075	57% below HPI
2023 28 APR	£197,500	£452,184	56% below HPI

KARRJI 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 KARRJI sales from April 2023 and January 2025 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 April 2023 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2025 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might KARRJI be worth now?

KARRJI might now be worth an estimated £189,202.

This is based on house price deflation of 0.4%, between January 2025 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 0.4% deflationary decrease is applied to the most recent sale price for KARRJI of £190,000 on 17th January 2025. For the value to have decreased from £190,000 to £189,202 over the eleven months to February 2025, the following assumptions must hold true:

• The value of KARRJI has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2025 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of KARRJI has not materially changed since January 2025.

How Large is KARRJI?

KARRJI is 50m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trevarrack, and where KARRJI lies on this distribution: 5% of detached houses houses are smaller than KARRJI, and 95% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

KARRJI: Plot and Title Map

KARRJI sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of KARRJI, 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 KARRJI). 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 KARRJI?

KARRJI is located on PENDREA ROAD in GULVAL, in the TR18 postcode district. The below map shows the position of KARRJI on PENDREA ROAD.