23, PENMARE TERRACE, HAYLE, TR27 4PH - £1,080,000

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.

23 PENMARE TERRACE is a very large extended detached house of 289m², built sometime between 1976 and 1982, which could now be worth an estimated £1,221,331. It was last sold for £1,080,000 in September 2021, which was around 179% 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.

23 PENMARE TERRACE Sold Prices

Land registry data shows four sales for 23 PENMARE TERRACE since 1^st 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	£386,635	179% above HPI
2021 23 JUN	£540,000	£393,614	37% above HPI
2019 24 APR	£520,000	£336,541	55% above HPI
1998 29 JUN	£98,000	£89,781	9% above HPI

23 PENMARE TERRACE 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 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2021 sale, where it rises to 179% above the HPI. The line then continues to track at 179% above the HPI.

What might 23 PENMARE TERRACE be worth now?

23 PENMARE TERRACE might now be worth an estimated £1,221,331.

This is based on house price inflation of 13.1%, between September 2021 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 13.1% inflationary increase is applied to the most recent sale price for 23 PENMARE TERRACE of £1,080,000 on 30th September 2021. For the value to have increased from £1,080,000 to £1,221,331 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 PENMARE TERRACE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2021 sale price of £1,080,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PENMARE TERRACE has not materially changed since September 2021.

How Large is 23 PENMARE TERRACE?

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 houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hayle, and where 23 PENMARE TERRACE lies on this distribution: More than 99% of detached houses 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: Plot and Title Map

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.

Where is 23 PENMARE TERRACE?

23 PENMARE TERRACE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 23 on PENMARE TERRACE.