15, PENLEA ROAD, PENRYN, TR10 8QU - £265,000

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

15 PENLEA ROAD is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £265,000 in March 2023, which was around 41% below the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

15 PENLEA ROAD Sold Prices

Land registry data shows two sales for 15 PENLEA ROAD 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 15 PENLEA ROAD 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
2023 3 MAR	£265,000	£446,796	41% below HPI
2013 18 JAN	£237,500	£268,149	11% below HPI

15 PENLEA ROAD 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 15 PENLEA ROAD sales from January 2013 and March 2023 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 January 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 PENLEA ROAD?

15 PENLEA ROAD is 83m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 15 PENLEA ROAD lies on this distribution: 23% of detached houses are smaller than 15 PENLEA ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Penryn.

15 PENLEA ROAD: Plot and Title Map

15 PENLEA ROAD sits on a plot of roughly 0.096 of an acre, or 386m². The below map shows the location of 15 PENLEA ROAD, 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 15 PENLEA ROAD). 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 15 PENLEA ROAD?

15 PENLEA ROAD is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 15 on PENLEA ROAD.