15, PENLEE MANOR DRIVE, PENZANCE, TR18 4HW - £202,000

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.

15 PENLEE MANOR DRIVE is a small terraced house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £308,989. It was last sold for £202,000 in September 2011, which was around 33% above the average September 2011 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

15 PENLEE MANOR DRIVE Sold Prices

Land registry data shows two sales for 15 PENLEE MANOR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 15 PENLEE MANOR DRIVE 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
2011 30 SEP	£202,000	£152,142	33% above HPI
2002 18 NOV	£175,000	£92,274	90% above HPI

15 PENLEE MANOR DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 15 PENLEE MANOR DRIVE sales from November 2002 and September 2011 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 November 2002 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2011 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 15 PENLEE MANOR DRIVE be worth now?

15 PENLEE MANOR DRIVE might now be worth an estimated £308,989.

This is based on house price inflation of 53%, between September 2011 and July 2025, for terraced 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 53% inflationary increase is applied to the most recent sale price for 15 PENLEE MANOR DRIVE of £202,000 on 30th September 2011. For the value to have increased from £202,000 to £308,989 over the fourteen years and two months to July 2025, the following assumptions must hold true:

• The value of 15 PENLEE MANOR DRIVE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2011 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PENLEE MANOR DRIVE has not materially changed since September 2011.

How Large is 15 PENLEE MANOR DRIVE?

15 PENLEE MANOR DRIVE is 87m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of terraced houses houses in Penzance, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Penzance, and where 15 PENLEE MANOR DRIVE lies on this distribution: 27% of terraced houses houses are smaller than 15 PENLEE MANOR DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Penzance.

15 PENLEE MANOR DRIVE: Plot and Title Map

15 PENLEE MANOR DRIVE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 15 PENLEE MANOR DRIVE, 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 15 PENLEE MANOR DRIVE). 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 15 PENLEE MANOR DRIVE?

15 PENLEE MANOR DRIVE is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 15 on PENLEE MANOR DRIVE.