45, PENMERE HILL, FALMOUTH, TR11 2RA - £350,000

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.

45 PENMERE HILL is a small extended terraced house of 84m², built sometime before 1900, which could now be worth an estimated £456,259. It was last sold for £350,000 in April 2020, which was around 91% above the average April 2020 terraced 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.

45 PENMERE HILL Sold Prices

Land registry data shows four sales for 45 PENMERE HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 45 PENMERE HILL 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
2020 9 APR	£350,000	£182,771	91% above HPI
2017 1 DEC	£253,500	£174,805	45% above HPI
2007 24 APR	£215,000	£162,745	32% above HPI
2005 16 DEC	£177,000	£146,209	21% above HPI

45 PENMERE HILL 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 four 45 PENMERE HILL sales between December 2005 and April 2020 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 December 2017 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2020 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 45 PENMERE HILL be worth now?

45 PENMERE HILL might now be worth an estimated £456,259.

This is based on house price inflation of 30.4%, between April 2020 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 30.4% inflationary increase is applied to the most recent sale price for 45 PENMERE HILL of £350,000 on 9th April 2020. For the value to have increased from £350,000 to £456,259 over the four years and eight months to August 2025, the following assumptions must hold true:

• The value of 45 PENMERE HILL has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The April 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 45 PENMERE HILL has not materially changed since April 2020.

How Large is 45 PENMERE HILL?

45 PENMERE HILL is 84m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% 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 45 PENMERE HILL lies on this distribution: 20% of terraced houses houses are smaller than 45 PENMERE HILL, and 78% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

45 PENMERE HILL: Plot and Title Map

45 PENMERE HILL sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 45 PENMERE HILL, 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 45 PENMERE HILL). 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 45 PENMERE HILL?

45 PENMERE HILL is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 45 on PENMERE HILL.