7, PENVEAN CLOSE, MABE BURNTHOUSE, PENRYN, TR10 9HT - £460,000

7 PENVEAN CLOSE is a midsized extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £460,000 in August 2021, which was around 20% above the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

7 PENVEAN CLOSE Sold Prices

Land registry data shows three sales for 7 PENVEAN CLOSE 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. One of the three 7 PENVEAN CLOSE sales was for above the average price, whilst two 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 5 AUG	£460,000	£382,558	20% above HPI
2015 16 JUN	£275,000	£296,815	7% below HPI
1999 28 MAY	£76,000	£93,617	19% below HPI

7 PENVEAN CLOSE 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 7 PENVEAN CLOSE sales between May 1999 and August 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 June 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 PENVEAN CLOSE?

7 PENVEAN CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Mabe Burnthouse, based on EPC data. The below chart shows the distribution of detached houses by size in Mabe Burnthouse, and where 7 PENVEAN CLOSE lies on this distribution: 52% of detached houses are smaller than 7 PENVEAN CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Mabe Burnthouse.

7 PENVEAN CLOSE: Plot and Title Map

7 PENVEAN CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 7 PENVEAN 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 7 PENVEAN 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 7 PENVEAN CLOSE?

7 PENVEAN CLOSE is located in MABE BURNTHOUSE, in the TR10 postcode district. The below map shows the position of No. 7 on PENVEAN CLOSE.