SOUTHERLYS, TREDAVOE LANE, NEWLYN, PENZANCE, TR18 5DL - £485,000

SOUTHERLYS is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £485,000 in April 2022, which was around 13% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

SOUTHERLYS Sold Prices

Land registry data shows two sales for SOUTHERLYS 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 SOUTHERLYS 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
2022 1 APR	£485,000	£428,019	13% above HPI
2017 20 FEB	£320,000	£308,028	4% above HPI

SOUTHERLYS 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 SOUTHERLYS sales from February 2017 and April 2022 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 February 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is SOUTHERLYS?

SOUTHERLYS is 123m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 SOUTHERLYS lies on this distribution: 68% of detached houses are smaller than SOUTHERLYS, and 32% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

SOUTHERLYS: Plot and Title Map

SOUTHERLYS sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of SOUTHERLYS, 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 SOUTHERLYS). 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 SOUTHERLYS?

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