KERRIS VEAN, PARC MORREP, PRAA SANDS, PENZANCE, TR20 9TE - £482,500

KERRIS VEAN is a small extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £482,500 in July 2020, which was around 39% above the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

KERRIS VEAN Sold Prices

Land registry data shows four sales for KERRIS VEAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four KERRIS VEAN 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 3 JUL	£482,500	£346,306	39% above HPI
2007 11 MAY	£425,000	£286,298	48% above HPI
2001 29 JUN	£135,000	£128,100	5% above HPI
1995 27 NOV	£74,000	£71,243	4% above HPI

KERRIS VEAN 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 four KERRIS VEAN sales between November 1995 and July 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 May 2007 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is KERRIS VEAN?

KERRIS VEAN is 113m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Praa Sands, based on EPC data. The below chart shows the distribution of detached houses by size in Praa Sands, and where KERRIS VEAN lies on this distribution: 26% of detached houses are smaller than KERRIS VEAN, and 74% of houses are larger. Note that EPC data is not available for all properties in Praa Sands.

KERRIS VEAN: Plot and Title Map

KERRIS VEAN sits on a plot of roughly 351.5 acres, or 1,422,640m². The below map shows the location of KERRIS VEAN, 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 KERRIS VEAN). 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 KERRIS VEAN?

KERRIS VEAN is located on PARC MORREP in PRAA SANDS, in the TR20 postcode district. The below map shows the position of KERRIS VEAN on PARC MORREP.