2, PENVALE CLOSE, BARRIPPER, CAMBORNE, TR14 0QP - £202,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PENVALE CLOSE is a large extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £259,094. It was last sold for £202,000 in December 2018, which was around 41% below the average December 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2 PENVALE CLOSE Sold Prices

Land registry data shows three sales for 2 PENVALE CLOSE 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 PENVALE CLOSE 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
2018 20 DEC	£202,000	£340,883	41% below HPI
2002 3 APR	£117,000	£153,157	24% below HPI
1995 17 FEB	£51,500	£71,286	28% below HPI

2 PENVALE CLOSE 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 PENVALE CLOSE sales between February 1995 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 April 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 PENVALE CLOSE be worth now?

2 PENVALE CLOSE might now be worth an estimated £259,094.

This is based on house price inflation of 28.3%, between December 2018 and February 2025, 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 28.3% inflationary increase is applied to the most recent sale price for 2 PENVALE CLOSE of £202,000 on 20th December 2018. For the value to have increased from £202,000 to £259,094 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PENVALE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2018 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENVALE CLOSE has not materially changed since December 2018.

How Large is 2 PENVALE CLOSE?

2 PENVALE CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 40% of detached houses houses in Barripper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barripper, and where 2 PENVALE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 PENVALE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Barripper.

2 PENVALE CLOSE: Plot and Title Map

2 PENVALE CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 PENVALE CLOSE, 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 PENVALE CLOSE). 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 PENVALE CLOSE?

2 PENVALE CLOSE is located in BARRIPPER, in the TR14 postcode district. The below map shows the position of No. 2 on PENVALE CLOSE.