9, PENDENNIS CLOSE, TORPOINT, PL11 2QY - £145,000

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.

9 PENDENNIS CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £184,563. It was last sold for £145,000 in September 2018, which was around 20% below the average September 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

9 PENDENNIS CLOSE Sold Prices

Land registry data shows four sales for 9 PENDENNIS CLOSE 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 9 PENDENNIS CLOSE 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
2018 20 SEP	£145,000	£181,168	20% below HPI
2018 4 MAY	£60,000	£176,828	66% below HPI
1998 14 AUG	£39,500	£45,218	13% below HPI
1998 23 APR	£30,000	£43,714	31% below HPI

9 PENDENNIS CLOSE 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 9 PENDENNIS CLOSE sales between April 1998 and September 2018 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 May 2018 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the September 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 PENDENNIS CLOSE be worth now?

9 PENDENNIS CLOSE might now be worth an estimated £184,563.

This is based on house price inflation of 27.3%, between September 2018 and May 2026, 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 27.3% inflationary increase is applied to the most recent sale price for 9 PENDENNIS CLOSE of £145,000 on 20th September 2018. For the value to have increased from £145,000 to £184,563 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 9 PENDENNIS CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PENDENNIS CLOSE has not materially changed since September 2018.

How Large is 9 PENDENNIS CLOSE?

9 PENDENNIS CLOSE is 54m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Torpoint, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Torpoint, and where 9 PENDENNIS CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 9 PENDENNIS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Torpoint.

9 PENDENNIS CLOSE: Plot and Title Map

9 PENDENNIS CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 9 PENDENNIS 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 9 PENDENNIS 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 9 PENDENNIS CLOSE?

9 PENDENNIS CLOSE is located in TORPOINT, in the PL11 postcode district. The below map shows the position of No. 9 on PENDENNIS CLOSE.