1, FAUGAN ROAD, NEWLYN, PENZANCE, TR18 5DH - £170,000

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 FAUGAN ROAD is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £170,000 in October 2010, which was around 40% below the average October 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

1 FAUGAN ROAD Sold Prices

Land registry data shows three sales for 1 FAUGAN ROAD 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 1 FAUGAN ROAD 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
2010 29 OCT	£170,000	£285,587	40% below HPI
2003 20 JUN	£154,950	£210,608	26% below HPI
1996 2 DEC	£47,500	£75,408	37% below HPI

1 FAUGAN ROAD 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 1 FAUGAN ROAD sales between December 1996 and October 2010 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 June 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2010 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 FAUGAN ROAD?

1 FAUGAN ROAD is 75m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 1 FAUGAN ROAD lies on this distribution: 14% of detached houses are smaller than 1 FAUGAN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

1 FAUGAN ROAD: Plot and Title Map

1 FAUGAN ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 1 FAUGAN ROAD, 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 FAUGAN ROAD). 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 FAUGAN ROAD?

1 FAUGAN ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 1 on FAUGAN ROAD.