2, CARGWYN, PENWITHICK, ST AUSTELL, PL26 8TZ - £189,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CARGWYN is a small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £189,000 in May 2013, which was around 30% below the average May 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 CARGWYN Sold Prices

Land registry data shows three sales for 2 CARGWYN 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 2 CARGWYN 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
2013 9 MAY	£189,000	£268,817	30% below HPI
2005 9 DEC	£178,250	£260,577	32% below HPI
1997 26 SEP	£43,000	£83,854	49% below HPI

2 CARGWYN 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 2 CARGWYN sales between September 1997 and May 2013 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 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CARGWYN?

2 CARGWYN is 80m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses in Penwithick, based on EPC data. The below chart shows the distribution of detached houses by size in Penwithick, and where 2 CARGWYN lies on this distribution: 30% of detached houses are smaller than 2 CARGWYN, and 69% of houses are larger. Note that EPC data is not available for all properties in Penwithick.

2 CARGWYN: Plot and Title Map

2 CARGWYN sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 CARGWYN, 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 2 CARGWYN). 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 2 CARGWYN?

2 CARGWYN is located in PENWITHICK, in the PL26 postcode district. The below map shows the position of No. 2 on CARGWYN.