2, TOWER PARK, PELYNT, LOOE, PL13 2LN - £297,000

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

2 TOWER PARK is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £297,000 in April 2024, which was around 30% below the average April 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

2 TOWER PARK Sold Prices

Land registry data shows two sales for 2 TOWER PARK 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. Both of the two 2 TOWER PARK 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
2024 10 APR	£297,000	£425,513	30% below HPI
2002 8 JUL	£154,950	£165,264	6% below HPI

2 TOWER PARK 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 TOWER PARK sales from July 2002 and April 2024 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 TOWER PARK?

2 TOWER PARK is 83m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses by size in Pelynt, and where 2 TOWER PARK lies on this distribution: 30% of detached houses are smaller than 2 TOWER PARK, and 68% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

2 TOWER PARK: Plot and Title Map

2 TOWER PARK sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 2 TOWER PARK, 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 TOWER PARK). 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 TOWER PARK?

2 TOWER PARK is located in PELYNT, in the PL13 postcode district. The below map shows the position of No. 2 on TOWER PARK.