10, PENOWETH, MYLOR BRIDGE, FALMOUTH, TR11 5NQ - £497,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 PENOWETH is a very small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £504,940. It was last sold for £497,750 in September 2024, which was around 15% above the average September 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was D.

10 PENOWETH Sold Prices

Land registry data shows two sales for 10 PENOWETH 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. One of the two 10 PENOWETH sales was for above the average price, whilst the other was 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
2024 17 SEP	£497,750	£431,005	15% above HPI
2013 19 DEC	£270,000	£279,523	3% below HPI

10 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 two 10 PENOWETH sales from December 2013 and September 2024 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 December 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2024 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 10 PENOWETH be worth now?

10 PENOWETH might now be worth an estimated £504,940.

This is based on house price inflation of 1.4%, between September 2024 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for 10 PENOWETH of £497,750 on 17th September 2024. For the value to have increased from £497,750 to £504,940 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 10 PENOWETH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2024 sale price of £497,750 represented a fair market value for the property.
• The size, condition, and specification of 10 PENOWETH has not materially changed since September 2024.

How Large is 10 PENOWETH?

10 PENOWETH is 82m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mylor Bridge, and where 10 PENOWETH lies on this distribution: 17% of detached houses houses are smaller than 10 PENOWETH, and 83% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

10 PENOWETH: Plot and Title Map

10 PENOWETH sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 10 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 10 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 10 PENOWETH?

10 PENOWETH is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 10 on PENOWETH.