PENQUITE, VICARAGE LANE, LELANT, ST. IVES, TR26 3EA - £675,000

PENQUITE is a very large detached house of 370m², built sometime before 1900. It was last sold for £675,000 in March 2004, which was around 192% above the average March 2004 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was C.

PENQUITE Sold Prices

Land registry data shows two sales for PENQUITE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two PENQUITE 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
2004 23 MAR	£675,000	£231,214	192% above HPI
1997 1 SEP	£290,000	£83,854	246% above HPI

PENQUITE 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 two PENQUITE sales from September 1997 and March 2004 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 September 1997 sale was for 246% above the HPI. So the extrapolation line tracks at 246% above the HPI over time, until the March 2004 sale, where it falls to 192% above the HPI. The line then continues to track at 192% above the HPI.

How Large is PENQUITE?

PENQUITE is 370m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses by size in Lelant, and where PENQUITE lies on this distribution: More than 99% of detached houses are smaller than PENQUITE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lelant.

PENQUITE: Plot and Title Map

PENQUITE sits on a plot of roughly 0.527 of an acre, or 2,131m². The below map shows the location of PENQUITE, 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 PENQUITE). 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 PENQUITE?

PENQUITE is located on VICARAGE LANE in LELANT, in the TR26 postcode district. The below map shows the position of PENQUITE on VICARAGE LANE.