26, FORBES ROAD, NEWLYN, PENZANCE, TR18 5DQ - £255,000

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

26 FORBES ROAD is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £255,000 in April 2021, which was around 32% below the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

26 FORBES ROAD Sold Prices

Land registry data shows six sales for 26 FORBES ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the six 26 FORBES ROAD 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
2021 26 APR	£255,000	£376,698	32% below HPI
2010 10 DEC	£188,000	£281,195	33% below HPI
2007 1 MAR	£176,000	£284,357	38% below HPI
1999 5 MAY	£66,000	£93,617	29% below HPI
1995 13 JUN	£47,000	£70,749	34% below HPI
1995 20 JAN	£47,500	£69,151	31% below HPI

26 FORBES 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 six 26 FORBES ROAD sales between January 1995 and April 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 December 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 26 FORBES ROAD?

26 FORBES ROAD is 52m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 26 FORBES ROAD lies on this distribution: 2% of detached houses are smaller than 26 FORBES ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

26 FORBES ROAD: Plot and Title Map

26 FORBES ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 26 FORBES 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 26 FORBES 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 26 FORBES ROAD?

26 FORBES ROAD is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 26 on FORBES ROAD.