3, PENSTRASSE PLACE, TYWARDREATH, PAR, PL24 2QL - £360,000

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

3 PENSTRASSE PLACE is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £360,000 in November 2023, which was around 18% below the average November 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

3 PENSTRASSE PLACE Sold Prices

Land registry data shows two sales for 3 PENSTRASSE PLACE 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 3 PENSTRASSE PLACE 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 14 NOV	£360,000	£440,879	18% below HPI
2013 22 NOV	£205,000	£277,939	26% below HPI

3 PENSTRASSE PLACE 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 3 PENSTRASSE PLACE sales from November 2013 and November 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 November 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 PENSTRASSE PLACE?

3 PENSTRASSE PLACE is 79m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Tywardreath, based on EPC data. The below chart shows the distribution of detached houses by size in Tywardreath, and where 3 PENSTRASSE PLACE lies on this distribution: 37% of detached houses are smaller than 3 PENSTRASSE PLACE, and 61% of houses are larger. Note that EPC data is not available for all properties in Tywardreath.

3 PENSTRASSE PLACE: Plot and Title Map

3 PENSTRASSE PLACE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 3 PENSTRASSE PLACE, 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 PENSTRASSE PLACE). 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 PENSTRASSE PLACE?

3 PENSTRASSE PLACE is located in TYWARDREATH, in the PL24 postcode district. The below map shows the position of No. 3 on PENSTRASSE PLACE.