PENOLVER, TORLEVEN RISE, PORTHLEVEN, HELSTON, TR13 9AH - £220,000

PENOLVER is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £220,000 in July 2013, which was around 20% below the average July 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2013, where the current energy rating was F, and the potential energy rating was B.

PENOLVER Sold Prices

Land registry data shows three sales for PENOLVER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three PENOLVER 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
2013 18 JUL	£220,000	£274,255	20% below HPI
1998 14 SEP	£85,000	£90,854	6% below HPI
1997 15 OCT	£63,000	£85,085	26% below HPI

PENOLVER 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 three PENOLVER sales between October 1997 and July 2013 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 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is PENOLVER?

PENOLVER is 84m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where PENOLVER lies on this distribution: 40% of detached houses are smaller than PENOLVER, and 59% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

PENOLVER: Plot and Title Map

PENOLVER sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of PENOLVER, 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 PENOLVER). 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 PENOLVER?

PENOLVER is located on TORLEVEN RISE in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of PENOLVER on TORLEVEN RISE.