PENDALE, LAMORRICK, LANIVET, BODMIN, PL30 5HB - £210,000

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.

PENDALE is a very small extended terraced house of 50m², built sometime before 1900, which could now be worth an estimated £206,627. It was last sold for £210,000 in August 2024, which was around 9% below the average August 2024 terraced price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

PENDALE Sold Prices

Land registry data shows three sales for PENDALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three PENDALE 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
2024 22 AUG	£210,000	£231,736	9% below HPI
2019 23 JUL	£156,000	£182,857	15% below HPI
2006 17 FEB	£108,000	£144,781	25% below HPI

PENDALE 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 three PENDALE sales between February 2006 and August 2024 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 July 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might PENDALE be worth now?

PENDALE might now be worth an estimated £206,627.

This is based on house price deflation of 1.6%, between August 2024 and July 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 1.6% deflationary decrease is applied to the most recent sale price for PENDALE of £210,000 on 22nd August 2024. For the value to have decreased from £210,000 to £206,627 over the two years and one month to July 2026, the following assumptions must hold true:

• The value of PENDALE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2024 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of PENDALE has not materially changed since August 2024.

How Large is PENDALE?

PENDALE is 50m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of terraced houses houses in Lanivet, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lanivet, and where PENDALE lies on this distribution: Less than 1% of terraced houses houses are smaller than PENDALE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lanivet.

PENDALE: Plot and Title Map

PENDALE sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of PENDALE, 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 PENDALE). 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 PENDALE?

PENDALE is located on LAMORRICK in LANIVET, in the PL30 postcode district. The below map shows the position of PENDALE on LAMORRICK.