2, PENKENNA CLOSE, CRACKINGTON HAVEN, BUDE, EX23 0PF - £400,000

2 PENKENNA CLOSE is a small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £400,000 in January 2023, which was around 12% below the average January 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

2 PENKENNA CLOSE Sold Prices

Land registry data shows four sales for 2 PENKENNA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 2 PENKENNA CLOSE 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
2023 26 JAN	£400,000	£452,315	12% below HPI
2017 27 FEB	£270,000	£308,028	12% below HPI
2013 16 OCT	£237,500	£277,618	14% below HPI
2007 12 FEB	£215,000	£282,547	24% below HPI

2 PENKENNA CLOSE 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 four 2 PENKENNA CLOSE sales between February 2007 and January 2023 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2023 sale, which was also at 12% below the HPI.

How Large is 2 PENKENNA CLOSE?

2 PENKENNA CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Middle Crackington, based on EPC data. The below chart shows the distribution of detached houses by size in Middle Crackington, and where 2 PENKENNA CLOSE lies on this distribution: 26% of detached houses are smaller than 2 PENKENNA CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Middle Crackington.

2 PENKENNA CLOSE: Plot and Title Map

2 PENKENNA CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 2 PENKENNA CLOSE, 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 2 PENKENNA CLOSE). 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 2 PENKENNA CLOSE?

2 PENKENNA CLOSE is located in CRACKINGTON HAVEN, in the EX23 postcode district. The below map shows the position of No. 2 on PENKENNA CLOSE.