THE HAVEN, GWAVAS ROAD, NEWLYN, PENZANCE, TR18 5LU - £228,000

THE HAVEN is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £228,000 in June 2015, which was around 23% below the average June 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was B.

THE HAVEN Sold Prices

Land registry data shows two sales for THE HAVEN 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 THE HAVEN 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
2015 3 JUN	£228,000	£296,815	23% below HPI
2014 31 MAR	£210,000	£280,896	25% below HPI

THE HAVEN 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 THE HAVEN sales from March 2014 and June 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 March 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE HAVEN?

THE HAVEN is 91m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 THE HAVEN lies on this distribution: 32% of detached houses are smaller than THE HAVEN, and 67% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of THE HAVEN, 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 HAVEN). 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 HAVEN?

THE HAVEN is located on GWAVAS ROAD in NEWLYN, in the TR18 postcode district. The below map shows the position of THE HAVEN on GWAVAS ROAD.