NEWLANDS, CHILSWORTHY, GUNNISLAKE, PL18 9PB - £305,000

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.

NEWLANDS is a midsized extended detached house of 138m², built sometime between 1983 and 1990, which could now be worth an estimated £447,364. It was last sold for £305,000 in December 2014, which was around 4% above the average December 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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 NEWLANDS 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
2014 4 DEC	£305,000	£293,788	4% above HPI
2012 9 JUL	£292,000	£282,597	3% above HPI
1996 19 FEB	£90,000	£71,440	26% above HPI

NEWLANDS 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 NEWLANDS sales between February 1996 and December 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 July 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £447,364.

This is based on house price inflation of 46.7%, between December 2014 and October 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 46.7% inflationary increase is applied to the most recent sale price for NEWLANDS of £305,000 on 4th December 2014. For the value to have increased from £305,000 to £447,364 over the eleven years and two months to October 2025, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2014 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since December 2014.

How Large is NEWLANDS?

NEWLANDS is 138m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses houses in Chilsworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilsworthy, and where NEWLANDS lies on this distribution: 53% of detached houses houses are smaller than NEWLANDS, and 47% of houses are larger. Note that EPC data is not available for all properties in Chilsworthy.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 268.4 acres, or 1,086,347m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located in CHILSWORTHY, in the PL18 postcode district. The below map shows the position of NEWLANDS in CHILSWORTHY.