16, PENHALE ROAD, FALMOUTH, TR11 5UZ - £475,000

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

16 PENHALE ROAD is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £475,000 in October 2020, which was around 30% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

16 PENHALE ROAD Sold Prices

Land registry data shows three sales for 16 PENHALE ROAD 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 16 PENHALE ROAD sales were for above 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
2020 26 OCT	£475,000	£364,602	30% above HPI
2004 22 OCT	£307,000	£255,372	20% above HPI
1999 25 JUN	£129,950	£95,052	37% above HPI

16 PENHALE 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 three 16 PENHALE ROAD sales between June 1999 and October 2020 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 October 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 16 PENHALE ROAD?

16 PENHALE ROAD is 117m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 16 PENHALE ROAD lies on this distribution: 55% of detached houses are smaller than 16 PENHALE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

16 PENHALE ROAD: Plot and Title Map

16 PENHALE ROAD sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 16 PENHALE 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 16 PENHALE 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 16 PENHALE ROAD?

16 PENHALE ROAD is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 16 on PENHALE ROAD.