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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A PENWETHERS LANE is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £325,257. It was last sold for £255,000 in March 2020, which was around 27% 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. All of the three 1A PENWETHERS LANE 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
2020 10 MAR	£255,000	£348,096	27% below HPI
2013 13 SEP	£228,000	£282,832	19% below HPI
1998 24 JUL	£89,950	£91,545	2% below 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1A PENWETHERS LANE be worth now?

1A PENWETHERS LANE might now be worth an estimated £325,257.

This is based on house price inflation of 27.6%, between March 2020 and December 2024, for 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 27.6% inflationary increase is applied to the most recent sale price for 1A PENWETHERS LANE of £255,000 on 10th March 2020. For the value to have increased from £255,000 to £325,257 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 1A PENWETHERS LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 1A PENWETHERS LANE has not materially changed since March 2020.

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 houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 1A PENWETHERS LANE lies on this distribution: 33% of detached houses houses are smaller than 1A PENWETHERS LANE, and 67% 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.