23, PENNANCE ROAD, FALMOUTH, TR11 4ED - £800,000

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 PENNANCE ROAD is a large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £800,000 in September 2021, which was around 110% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

23 PENNANCE ROAD Sold Prices

Land registry data shows two sales for 23 PENNANCE ROAD 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 23 PENNANCE ROAD 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 29 SEP	£800,000	£380,638	110% above HPI
1996 4 NOV	£113,000	£75,607	49% above HPI

23 PENNANCE ROAD 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 23 PENNANCE ROAD sales from November 1996 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 November 1996 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2021 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 23 PENNANCE ROAD?

23 PENNANCE ROAD is 144m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 23 PENNANCE ROAD lies on this distribution: 75% of detached houses are smaller than 23 PENNANCE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

23 PENNANCE ROAD: Plot and Title Map

23 PENNANCE ROAD sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 23 PENNANCE ROAD, 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 PENNANCE ROAD). 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 PENNANCE ROAD?

23 PENNANCE ROAD is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 23 on PENNANCE ROAD.