PENOWETH, SALT BOX ROAD, MYLOR BRIDGE, FALMOUTH, TR11 5NW - £550,000

PENOWETH is a very large extended detached house of 151m², built sometime before 1900. It was last sold for £550,000 in May 2016, which was around 81% above the average May 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

PENOWETH Sold Prices

Land registry data shows three sales for PENOWETH 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 PENOWETH 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
2016 20 MAY	£550,000	£304,401	81% above HPI
2008 16 JAN	£570,000	£298,696	91% above HPI
2005 22 MAR	£325,000	£253,176	28% above HPI

PENOWETH 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 PENOWETH sales between March 2005 and May 2016 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 January 2008 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the May 2016 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is PENOWETH?

PENOWETH is 151m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Mylor Bridge, and where PENOWETH lies on this distribution: 80% of detached houses are smaller than PENOWETH, and 20% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

PENOWETH: Plot and Title Map

PENOWETH sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of PENOWETH, 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 PENOWETH). 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 PENOWETH?

PENOWETH is located on SALT BOX ROAD in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of PENOWETH on SALT BOX ROAD.