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
10 SHUTE LANE is a very small extended detached house of 66m², built sometime between 1976 and 1982. It was last sold for £222,000 in July 2019, which was around 34% below the average July 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 10 SHUTE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 10 SHUTE LANE 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 |
---|---|---|---|
2019 1 JUL | £222,000 | £337,063 | 34% below HPI |
2008 20 FEB | £220,000 | £296,771 | 26% below HPI |
2003 14 JUL | £156,500 | £214,306 | 27% below HPI |
2001 23 APR | £84,000 | £125,516 | 33% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 10 SHUTE LANE sales between April 2001 and July 2019 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 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
10 SHUTE LANE is 66m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 10 SHUTE LANE lies on this distribution: 7% of detached houses are smaller than 10 SHUTE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Penryn.
10 SHUTE LANE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 10 SHUTE LANE, 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 SHUTE LANE). 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.
10 SHUTE LANE is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 10 on SHUTE LANE.