22, PENWETHERS LANE, TRURO, TR1 3PW - £290,000

22 PENWETHERS LANE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2018, which was around 12% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

22 PENWETHERS LANE Sold Prices

Land registry data shows three sales for 22 PENWETHERS LANE 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. Two of the three 22 PENWETHERS LANE sales were for below the average price, whilst one was 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
2018 23 MAR	£290,000	£328,446	12% below HPI
2006 14 AUG	£280,000	£271,309	3% above HPI
2006 11 JAN	£175,000	£257,144	32% below HPI

22 PENWETHERS LANE 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 22 PENWETHERS LANE sales between January 2006 and March 2018 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 August 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 22 PENWETHERS LANE?

22 PENWETHERS LANE is 75m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 22 PENWETHERS LANE lies on this distribution: 7% of detached houses are smaller than 22 PENWETHERS LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Truro.

22 PENWETHERS LANE: Plot and Title Map

22 PENWETHERS LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 22 PENWETHERS LANE, 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 22 PENWETHERS LANE). 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 22 PENWETHERS LANE?

22 PENWETHERS LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 22 on PENWETHERS LANE.