KIA MINA, GERMOE LANE, GERMOE, PENZANCE, TR20 9QY - £305,000

KIA MINA is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £305,000 in October 2017, which was around 6% below the average October 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

KIA MINA Sold Prices

Land registry data shows four sales for KIA MINA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The four KIA MINA sales were a mix of below the average price, and roughly equal to 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
2017 20 OCT	£305,000	£324,548	6% below HPI
2008 20 JUN	£250,000	£286,262	13% below HPI
2006 28 JUL	£270,000	£269,302	Close to HPI
2005 31 MAY	£135,000	£257,330	48% below HPI

KIA MINA 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 four KIA MINA sales between May 2005 and October 2017 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 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is KIA MINA?

KIA MINA is 114m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Germoe, based on EPC data. The below chart shows the distribution of detached houses by size in Germoe, and where KIA MINA lies on this distribution: 40% of detached houses are smaller than KIA MINA, and 60% of houses are larger. Note that EPC data is not available for all properties in Germoe.

KIA MINA: Plot and Title Map

KIA MINA sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of KIA MINA, 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 KIA MINA). 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 KIA MINA?

KIA MINA is located on GERMOE LANE in GERMOE, in the TR20 postcode district. The below map shows the position of KIA MINA on GERMOE LANE.