3, PENPOL VEAN, HAYLE, TR27 4NH - £240,000

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 PENPOL VEAN is a midsized detached house of 92m², which could now be worth an estimated £304,749. It was last sold for £240,000 in June 2020, which was around 30% below the average June 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

3 PENPOL VEAN Sold Prices

Land registry data shows three sales for 3 PENPOL VEAN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 3 PENPOL VEAN 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
2020 5 JUN	£240,000	£344,334	30% below HPI
2019 27 FEB	£105,000	£340,052	69% below HPI
2016 29 MAR	£160,000	£312,172	49% below HPI

3 PENPOL VEAN 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 three 3 PENPOL VEAN sales between March 2016 and June 2020 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 February 2019 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the June 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 PENPOL VEAN be worth now?

3 PENPOL VEAN might now be worth an estimated £304,749.

This is based on house price inflation of 27%, between June 2020 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 27% inflationary increase is applied to the most recent sale price for 3 PENPOL VEAN of £240,000 on 5th June 2020. For the value to have increased from £240,000 to £304,749 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PENPOL VEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENPOL VEAN has not materially changed since June 2020.

How Large is 3 PENPOL VEAN?

3 PENPOL VEAN is 92m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% 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 3 PENPOL VEAN lies on this distribution: 43% of detached houses houses are smaller than 3 PENPOL VEAN, and 55% of houses are larger. Note that EPC data is not available for all properties in Hayle.

3 PENPOL VEAN: Plot and Title Map

3 PENPOL VEAN sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 3 PENPOL VEAN, 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 PENPOL VEAN). 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 PENPOL VEAN?

3 PENPOL VEAN is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 3 on PENPOL VEAN.