11, PENOWETH, MYLOR BRIDGE, FALMOUTH, TR11 5NQ - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 PENOWETH is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £415,000 in January 2024, which was around 4% below the average January 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

11 PENOWETH Sold Prices

Land registry data shows three sales for 11 PENOWETH 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 11 PENOWETH 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
2024 19 JAN	£415,000	£433,343	4% below HPI
2014 30 SEP	£232,500	£290,112	20% below HPI
1997 3 MAR	£18,750	£77,975	76% below HPI

11 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 three 11 PENOWETH sales between March 1997 and January 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 September 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 11 PENOWETH?

11 PENOWETH is 81m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Mylor Bridge, and where 11 PENOWETH lies on this distribution: 15% of detached houses are smaller than 11 PENOWETH, and 85% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

11 PENOWETH: Plot and Title Map

11 PENOWETH sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 11 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 11 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 11 PENOWETH?

11 PENOWETH is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 11 on PENOWETH.