1A, PENWETHERS LANE, TRURO, TR1 3PW - £255,000

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

1A PENWETHERS LANE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £255,000 in March 2020, which was around 26% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

1A PENWETHERS LANE Sold Prices

Land registry data shows three sales for 1A PENWETHERS LANE 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. The three 1A PENWETHERS LANE sales were a mix of below the average price, and roughly equal to 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 10 MAR	£255,000	£342,697	26% below HPI
2013 13 SEP	£228,000	£278,445	18% below HPI
1998 24 JUL	£89,950	£90,125	Close to HPI

1A PENWETHERS LANE 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 1A PENWETHERS LANE sales between July 1998 and March 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 September 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1A PENWETHERS LANE?

1A PENWETHERS LANE is 100m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 1A PENWETHERS LANE lies on this distribution: 33% of detached houses are smaller than 1A PENWETHERS LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Truro.

1A PENWETHERS LANE: Plot and Title Map

1A PENWETHERS LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 1A PENWETHERS LANE, 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 1A PENWETHERS LANE). 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 1A PENWETHERS LANE?

1A PENWETHERS LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1A on PENWETHERS LANE.