3, PENARROW CLOSE, FALMOUTH, TR11 4QH - £350,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 PENARROW CLOSE is a very small extended semi-detached house of 79m², built sometime between 1976 and 1982. It was last sold for £350,000 in January 2023, which was around 23% below the average January 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 PENARROW CLOSE Sold Prices

Land registry data shows five sales for 3 PENARROW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 3 PENARROW CLOSE 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
2023 9 JAN	£350,000	£456,868	23% below HPI
2012 7 AUG	£212,500	£276,397	23% below HPI
2006 8 DEC	£197,000	£284,469	31% below HPI
2000 8 DEC	£79,000	£122,447	35% below HPI
1999 19 MAR	£59,950	£95,039	37% below HPI

3 PENARROW CLOSE 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 five 3 PENARROW CLOSE sales between March 1999 and January 2023 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 August 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2023 sale, which was also at 23% below the HPI.

How Large is 3 PENARROW CLOSE?

3 PENARROW CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 3 PENARROW CLOSE lies on this distribution: 15% of detached houses are smaller than 3 PENARROW CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

3 PENARROW CLOSE: Plot and Title Map

3 PENARROW CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 3 PENARROW CLOSE, 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 PENARROW CLOSE). 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 PENARROW CLOSE?

3 PENARROW CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 3 on PENARROW CLOSE.