PENROC, BARBICAN HILL, LOOE, PL13 1DZ - £287,500

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.

PENROC is a midsized extended semi-detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £370,331. It was last sold for £287,500 in February 2020, which was around 28% above the average February 2020 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

PENROC Sold Prices

Land registry data shows two sales for PENROC since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two PENROC 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
2020 14 FEB	£287,500	£223,777	28% above HPI
2005 9 NOV	£200,000	£175,452	14% above HPI

PENROC Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two PENROC sales from November 2005 and February 2020 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 November 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might PENROC be worth now?

PENROC might now be worth an estimated £370,331.

This is based on house price inflation of 28.8%, between February 2020 and February 2025, for semi-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 28.8% inflationary increase is applied to the most recent sale price for PENROC of £287,500 on 14th February 2020. For the value to have increased from £287,500 to £370,331 over the five years to February 2025, the following assumptions must hold true:

• The value of PENROC has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2020 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of PENROC has not materially changed since February 2020.

How Large is PENROC?

PENROC is 113m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of semi-detached houses houses in Looe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Looe, and where PENROC lies on this distribution: 49% of semi-detached houses houses are smaller than PENROC, and 51% of houses are larger. Note that EPC data is not available for all properties in Looe.

PENROC: Plot and Title Map

PENROC sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of PENROC, 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 PENROC). 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 PENROC?

PENROC is located on BARBICAN HILL in LOOE, in the PL13 postcode district. The below map shows the position of PENROC on BARBICAN HILL.