3, PENAIR VIEW, TRURO, TR1 1XR - £365,000

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.

3 PENAIR VIEW is a large extended detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £477,362. It was last sold for £365,000 in May 2019, which was around 9% above the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

3 PENAIR VIEW Sold Prices

Land registry data shows four sales for 3 PENAIR VIEW 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. Most of the four 3 PENAIR VIEW 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
2019 20 MAY	£365,000	£334,315	9% above HPI
2016 28 OCT	£269,000	£309,703	13% below HPI
2003 24 JUL	£245,000	£217,682	13% above HPI
1997 14 NOV	£98,600	£86,897	13% above HPI

3 PENAIR VIEW 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 3 PENAIR VIEW sales between November 1997 and May 2019 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 PENAIR VIEW be worth now?

3 PENAIR VIEW might now be worth an estimated £477,362.

This is based on house price inflation of 30.8%, between May 2019 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 30.8% inflationary increase is applied to the most recent sale price for 3 PENAIR VIEW of £365,000 on 20th May 2019. For the value to have increased from £365,000 to £477,362 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 3 PENAIR VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENAIR VIEW has not materially changed since May 2019.

How Large is 3 PENAIR VIEW?

3 PENAIR VIEW is 140m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 3 PENAIR VIEW lies on this distribution: 70% of detached houses houses are smaller than 3 PENAIR VIEW, and 29% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 PENAIR VIEW: Plot and Title Map

3 PENAIR VIEW sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 3 PENAIR VIEW, 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 3 PENAIR VIEW). 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 3 PENAIR VIEW?

3 PENAIR VIEW is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on PENAIR VIEW.