11, PENKERNICK CLOSE, NEWLYN, PENZANCE, TR18 5DA - £249,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 PENKERNICK CLOSE is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £400,915. It was last sold for £249,750 in January 2013, which was around 8% below the average January 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

11 PENKERNICK CLOSE Sold Prices

Land registry data shows two sales for 11 PENKERNICK CLOSE 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 11 PENKERNICK CLOSE 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
2013 10 JAN	£249,750	£272,373	8% below HPI
2002 24 JUN	£55,000	£161,276	66% below HPI

11 PENKERNICK CLOSE 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 11 PENKERNICK CLOSE sales from June 2002 and January 2013 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 2002 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the January 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 11 PENKERNICK CLOSE be worth now?

11 PENKERNICK CLOSE might now be worth an estimated £400,915.

This is based on house price inflation of 60.5%, between January 2013 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 60.5% inflationary increase is applied to the most recent sale price for 11 PENKERNICK CLOSE of £249,750 on 10th January 2013. For the value to have increased from £249,750 to £400,915 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 11 PENKERNICK CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2013 sale price of £249,750 represented a fair market value for the property.
• The size, condition, and specification of 11 PENKERNICK CLOSE has not materially changed since January 2013.

How Large is 11 PENKERNICK CLOSE?

11 PENKERNICK CLOSE is 91m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newlyn, and where 11 PENKERNICK CLOSE lies on this distribution: 31% of detached houses houses are smaller than 11 PENKERNICK CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

11 PENKERNICK CLOSE: Plot and Title Map

11 PENKERNICK CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 11 PENKERNICK CLOSE, 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 11 PENKERNICK CLOSE). 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 11 PENKERNICK CLOSE?

11 PENKERNICK CLOSE is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 11 on PENKERNICK CLOSE.