1, COVE VIEW, PENMENNER ROAD, THE LIZARD, HELSTON, TR12 7NN - £520,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 COVE VIEW is a very large detached house of 175m². It was last sold for £520,000 in September 2021, which was around 37% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was B.

1 COVE VIEW Sold Prices

Land registry data shows two sales for 1 COVE VIEW 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 1 COVE VIEW 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
2021 27 SEP	£520,000	£380,638	37% above HPI
2021 24 FEB	£495,000	£378,711	31% above HPI

1 COVE VIEW 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 1 COVE VIEW sales from February 2021 and September 2021 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 February 2021 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 COVE VIEW?

1 COVE VIEW is 175m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses by size in Lizard, and where 1 COVE VIEW lies on this distribution: 84% of detached houses are smaller than 1 COVE VIEW, and 16% of houses are larger. Note that EPC data is not available for all properties in Lizard.

1 COVE VIEW: Plot and Title Map

1 COVE VIEW sits on a plot of roughly 1.0 acres, or 4,173m². The below map shows the location of 1 COVE VIEW, 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 1 COVE VIEW). 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 1 COVE VIEW?

1 COVE VIEW is located on PENMENNER ROAD in THE LIZARD, in the TR12 postcode district. The below map shows the position of 1 COVE VIEW on PENMENNER ROAD.