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 PENMARE TERRACE is a very large extended detached house of 289m², built sometime between 1976 and 1982. It was last sold for £1,080,000 in September 2021, which was around 184% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 23 PENMARE TERRACE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 23 PENMARE TERRACE 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 30 SEP | £1,080,000 | £380,638 | 184% above HPI |
2021 23 JUN | £540,000 | £387,509 | 39% above HPI |
2019 24 APR | £520,000 | £331,321 | 57% above HPI |
1998 29 JUN | £98,000 | £88,388 | 11% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 23 PENMARE TERRACE sales between June 1998 and September 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 June 2021 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2021 sale, where it rises to 184% above the HPI. The line then continues to track at 184% above the HPI.
23 PENMARE TERRACE is 289m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 23 PENMARE TERRACE lies on this distribution: More than 99% of detached houses are smaller than 23 PENMARE TERRACE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hayle.
23 PENMARE TERRACE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 23 PENMARE TERRACE, 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 PENMARE TERRACE). 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.
23 PENMARE TERRACE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 23 on PENMARE TERRACE.