2, PARK WISE, HELSTON ROAD, PENRYN, TR10 8NJ - £334,410

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

2 PARK WISE is a very large detached house of 158m², built sometime between 1950 and 1966. It was last sold for £334,410 in December 2018, which was about the average December 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was B.

2 PARK WISE Sold Prices

Land registry data shows two sales for 2 PARK WISE 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. One of the two 2 PARK WISE sales was roughly equal to the average price, whilst the other was 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
2018 7 DEC	£334,410	£335,595	Close to HPI
1996 23 JUL	£111,000	£71,408	55% above HPI

2 PARK WISE 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 2 PARK WISE sales from July 1996 and December 2018 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 July 1996 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 PARK WISE?

2 PARK WISE is 158m² according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 2 PARK WISE lies on this distribution: 86% of detached houses are smaller than 2 PARK WISE, and 14% of houses are larger. Note that EPC data is not available for all properties in Penryn.

2 PARK WISE: Plot and Title Map

2 PARK WISE sits on a plot of roughly 0.286 of an acre, or 1,157m². The below map shows the location of 2 PARK WISE, 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 PARK WISE). 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 PARK WISE?

2 PARK WISE is located on HELSTON ROAD in PENRYN, in the TR10 postcode district. The below map shows the position of 2 PARK WISE on HELSTON ROAD.