24, PENARROW CLOSE, FALMOUTH, TR11 4QH - £180,000

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.

24 PENARROW CLOSE is a very small terraced house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £266,975. It was last sold for £180,000 in October 2014, which was around 12% above the average October 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

24 PENARROW CLOSE Sold Prices

Land registry data shows two sales for 24 PENARROW CLOSE 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 24 PENARROW CLOSE 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
2014 21 OCT	£180,000	£160,640	12% above HPI
2013 1 MAR	£165,000	£148,271	11% above HPI

24 PENARROW CLOSE 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 24 PENARROW CLOSE sales from March 2013 and October 2014 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 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 24 PENARROW CLOSE be worth now?

24 PENARROW CLOSE might now be worth an estimated £266,975.

This is based on house price inflation of 48.3%, between October 2014 and August 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 48.3% inflationary increase is applied to the most recent sale price for 24 PENARROW CLOSE of £180,000 on 21st October 2014. For the value to have increased from £180,000 to £266,975 over the eleven years and two months to August 2025, the following assumptions must hold true:

• The value of 24 PENARROW CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The October 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PENARROW CLOSE has not materially changed since October 2014.

How Large is 24 PENARROW CLOSE?

24 PENARROW CLOSE is 68m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of terraced houses houses in Falmouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Falmouth, and where 24 PENARROW CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 24 PENARROW CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

24 PENARROW CLOSE: Plot and Title Map

24 PENARROW CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 24 PENARROW 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 24 PENARROW 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 24 PENARROW CLOSE?

24 PENARROW CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 24 on PENARROW CLOSE.