23, OLD WELL GARDENS, PENRYN, TR10 9LF - £480,000

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

23 OLD WELL GARDENS is a very large detached house of 224m², built sometime between 1976 and 1982. It was last sold for £480,000 in June 2021, which was around 24% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

23 OLD WELL GARDENS Sold Prices

Land registry data shows three sales for 23 OLD WELL GARDENS 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 23 OLD WELL GARDENS sales were 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
2021 28 JUN	£480,000	£387,509	24% above HPI
2007 18 OCT	£370,000	£301,184	23% above HPI
2003 28 MAR	£295,000	£198,922	48% above HPI

23 OLD WELL GARDENS 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 23 OLD WELL GARDENS sales between March 2003 and June 2021 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 October 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 23 OLD WELL GARDENS?

23 OLD WELL GARDENS is 224m² according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 23 OLD WELL GARDENS lies on this distribution: 98% of detached houses are smaller than 23 OLD WELL GARDENS, and 2% of houses are larger. Note that EPC data is not available for all properties in Penryn.

23 OLD WELL GARDENS: Plot and Title Map

23 OLD WELL GARDENS sits on a plot of roughly 0.154 of an acre, or 621m². The below map shows the location of 23 OLD WELL GARDENS, 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 23 OLD WELL GARDENS). 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 23 OLD WELL GARDENS?

23 OLD WELL GARDENS is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 23 on OLD WELL GARDENS.