14, PENVEAN CLOSE, MABE BURNTHOUSE, PENRYN, TR10 9HT - £180,000

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.

14 PENVEAN CLOSE is a very small semi-detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £296,087. It was last sold for £180,000 in September 2009, which was around 3% above the average September 2009 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

14 PENVEAN CLOSE Sold Prices

Land registry data shows three sales for 14 PENVEAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 14 PENVEAN CLOSE sales were for above the average price, whilst one 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
2009 30 SEP	£180,000	£175,235	3% above HPI
1997 1 DEC	£54,950	£54,230	1% above HPI
1997 3 MAR	£48,950	£49,417	1% below HPI

14 PENVEAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 14 PENVEAN CLOSE sales between March 1997 and September 2009 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 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2009 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 14 PENVEAN CLOSE be worth now?

14 PENVEAN CLOSE might now be worth an estimated £296,087.

This is based on house price inflation of 64.5%, between September 2009 and February 2025, for semi-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 64.5% inflationary increase is applied to the most recent sale price for 14 PENVEAN CLOSE of £180,000 on 30th September 2009. For the value to have increased from £180,000 to £296,087 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 PENVEAN CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2009 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PENVEAN CLOSE has not materially changed since September 2009.

How Large is 14 PENVEAN CLOSE?

14 PENVEAN CLOSE is 48m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 10% of semi-detached houses houses in Mabe Burnthouse, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mabe Burnthouse, and where 14 PENVEAN CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 14 PENVEAN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mabe Burnthouse.

14 PENVEAN CLOSE: Plot and Title Map

14 PENVEAN CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 14 PENVEAN 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 14 PENVEAN 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 14 PENVEAN CLOSE?

14 PENVEAN CLOSE is located in MABE BURNTHOUSE, in the TR10 postcode district. The below map shows the position of No. 14 on PENVEAN CLOSE.