8, PENWERRIS TERRACE, FALMOUTH, TR11 2PA - £480,000

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.

8 PENWERRIS TERRACE is a large extended terraced house of 125m², built sometime before 1900, which could now be worth an estimated £700,083. It was last sold for £480,000 in July 2015, which was around 194% above the average July 2015 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

8 PENWERRIS TERRACE Sold Prices

Land registry data shows two sales for 8 PENWERRIS TERRACE 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 8 PENWERRIS TERRACE 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
2015 2 JUL	£480,000	£163,359	194% above HPI
1999 9 AUG	£150,000	£49,375	204% above HPI

8 PENWERRIS TERRACE 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 8 PENWERRIS TERRACE sales from August 1999 and July 2015 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 August 1999 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the July 2015 sale, where it falls to 194% above the HPI. The line then continues to track at 194% above the HPI.

What might 8 PENWERRIS TERRACE be worth now?

8 PENWERRIS TERRACE might now be worth an estimated £700,083.

This is based on house price inflation of 45.9%, between July 2015 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 45.9% inflationary increase is applied to the most recent sale price for 8 PENWERRIS TERRACE of £480,000 on 2nd July 2015. For the value to have increased from £480,000 to £700,083 over the nine years and eleven months to August 2025, the following assumptions must hold true:

• The value of 8 PENWERRIS TERRACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The July 2015 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENWERRIS TERRACE has not materially changed since July 2015.

How Large is 8 PENWERRIS TERRACE?

8 PENWERRIS TERRACE is 125m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 8 PENWERRIS TERRACE lies on this distribution: 63% of terraced houses houses are smaller than 8 PENWERRIS TERRACE, and 36% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

8 PENWERRIS TERRACE: Plot and Title Map

8 PENWERRIS TERRACE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 PENWERRIS TERRACE, 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 8 PENWERRIS TERRACE). 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 8 PENWERRIS TERRACE?

8 PENWERRIS TERRACE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 8 on PENWERRIS TERRACE.