5, MEADOW VILLAS, NEWLYN, PENZANCE, TR18 5EN - £387,000

5 MEADOW VILLAS is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £387,000 in May 2022, which was around 11% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

5 MEADOW VILLAS Sold Prices

Land registry data shows two sales for 5 MEADOW VILLAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 5 MEADOW VILLAS 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
2022 13 MAY	£387,000	£433,198	11% below HPI
2015 23 MAR	£190,000	£289,075	34% below HPI

5 MEADOW VILLAS 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 two 5 MEADOW VILLAS sales from March 2015 and May 2022 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 MEADOW VILLAS?

5 MEADOW VILLAS is 88m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 5 MEADOW VILLAS lies on this distribution: 29% of detached houses are smaller than 5 MEADOW VILLAS, and 71% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

5 MEADOW VILLAS: Plot and Title Map

5 MEADOW VILLAS sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of 5 MEADOW VILLAS, 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 5 MEADOW VILLAS). 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 5 MEADOW VILLAS?

5 MEADOW VILLAS is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 5 on MEADOW VILLAS.