PENWARNE CLOSE, PORTMELLON ROAD, MEVAGISSEY, ST AUSTELL, PL26 6PH - £940,000

PENWARNE CLOSE is a large detached house of 159m², built sometime between 1950 and 1966. It was last sold for £940,000 in September 2023, which was around 111% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was F, and the potential energy rating was C.

PENWARNE CLOSE Sold Prices

Land registry data shows two sales for PENWARNE CLOSE 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 PENWARNE CLOSE 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
2023 8 SEP	£940,000	£445,676	111% above HPI
1995 6 OCT	£92,500	£70,647	31% above HPI

PENWARNE CLOSE 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 PENWARNE CLOSE sales from October 1995 and September 2023 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 October 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2023 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is PENWARNE CLOSE?

PENWARNE CLOSE is 159m² according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where PENWARNE CLOSE lies on this distribution: 67% of detached houses are smaller than PENWARNE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

PENWARNE CLOSE: Plot and Title Map

PENWARNE CLOSE sits on a plot of roughly 0.589 of an acre, or 2,384m². The below map shows the location of PENWARNE CLOSE, 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 PENWARNE CLOSE). 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 PENWARNE CLOSE?

PENWARNE CLOSE is located on PORTMELLON ROAD in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of PENWARNE CLOSE on PORTMELLON ROAD.