LOWER PENLEAN HOUSE, PONSANOOTH, TRURO, TR3 7JB - £345,000

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.

LOWER PENLEAN HOUSE is a large extended detached house of 135m², built sometime between 1976 and 1982, which could now be worth an estimated £497,353. It was last sold for £345,000 in March 2015, which was around 17% above the average March 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was B.

LOWER PENLEAN HOUSE Sold Prices

Land registry data shows three sales for LOWER PENLEAN HOUSE 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. All of the three LOWER PENLEAN HOUSE 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 30 MAR	£345,000	£293,629	17% above HPI
2003 24 MAR	£320,000	£202,056	58% above HPI
1998 11 SEP	£170,000	£92,285	84% above HPI

LOWER PENLEAN HOUSE 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 LOWER PENLEAN HOUSE sales between September 1998 and March 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 March 2003 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the March 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might LOWER PENLEAN HOUSE be worth now?

LOWER PENLEAN HOUSE might now be worth an estimated £497,353.

This is based on house price inflation of 44.2%, between March 2015 and April 2026, for detached 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 44.2% inflationary increase is applied to the most recent sale price for LOWER PENLEAN HOUSE of £345,000 on 30th March 2015. For the value to have increased from £345,000 to £497,353 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of LOWER PENLEAN HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER PENLEAN HOUSE has not materially changed since March 2015.

How Large is LOWER PENLEAN HOUSE?

LOWER PENLEAN HOUSE is 135m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses houses in Ponsanooth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponsanooth, and where LOWER PENLEAN HOUSE lies on this distribution: 76% of detached houses houses are smaller than LOWER PENLEAN HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

LOWER PENLEAN HOUSE: Plot and Title Map

LOWER PENLEAN HOUSE sits on a plot of roughly 2.2 acres, or 9,013m². The below map shows the location of LOWER PENLEAN HOUSE, 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 LOWER PENLEAN HOUSE). 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 LOWER PENLEAN HOUSE?

LOWER PENLEAN HOUSE is located in PONSANOOTH, in the TR3 postcode district. The below map shows the position of LOWER PENLEAN HOUSE in PONSANOOTH.