34, FORBES ROAD, NEWLYN, PENZANCE, TR18 5DQ - £238,000

34 FORBES ROAD is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £238,000 in April 2021, which was around 37% below the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was B.

34 FORBES ROAD Sold Prices

Land registry data shows four sales for 34 FORBES ROAD 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 34 FORBES ROAD 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
2021 29 APR	£238,000	£376,698	37% below HPI
2019 30 SEP	£236,000	£343,649	31% below HPI
2016 26 FEB	£179,000	£301,849	41% below HPI
2003 5 DEC	£150,000	£223,843	33% below HPI

34 FORBES ROAD 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 34 FORBES ROAD sales between December 2003 and April 2021 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 September 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 34 FORBES ROAD?

34 FORBES ROAD is 52m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 34 FORBES ROAD lies on this distribution: 2% of detached houses are smaller than 34 FORBES ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

34 FORBES ROAD: Plot and Title Map

34 FORBES ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 34 FORBES ROAD, 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 34 FORBES ROAD). 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 34 FORBES ROAD?

34 FORBES ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 34 on FORBES ROAD.