37, PENNANCE PARC, LANNER, REDRUTH, TR16 5TY - £224,000

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.

37 PENNANCE PARC is a large detached house of 103m², which could now be worth an estimated £345,881. It was last sold for £224,000 in April 2010, which was around 21% below the average April 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

37 PENNANCE PARC Sold Prices

Land registry data shows four sales for 37 PENNANCE PARC 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. All of the four 37 PENNANCE PARC 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
2010 8 APR	£224,000	£283,160	21% below HPI
2006 12 OCT	£229,950	£283,571	19% below HPI
2005 31 JAN	£215,000	£263,236	18% below HPI
2002 14 JUN	£123,950	£161,276	23% below HPI

37 PENNANCE PARC 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 37 PENNANCE PARC sales between June 2002 and April 2010 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 37 PENNANCE PARC be worth now?

37 PENNANCE PARC might now be worth an estimated £345,881.

This is based on house price inflation of 54.4%, between April 2010 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 54.4% inflationary increase is applied to the most recent sale price for 37 PENNANCE PARC of £224,000 on 8th April 2010. For the value to have increased from £224,000 to £345,881 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 37 PENNANCE PARC has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2010 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 37 PENNANCE PARC has not materially changed since April 2010.

How Large is 37 PENNANCE PARC?

37 PENNANCE PARC is 103m² according to the EPC inspection conducted in October 2009. This puts it in the largest 40% of detached houses houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanner, and where 37 PENNANCE PARC lies on this distribution: 60% of detached houses houses are smaller than 37 PENNANCE PARC, and 40% of houses are larger. Note that EPC data is not available for all properties in Lanner.

37 PENNANCE PARC: Plot and Title Map

37 PENNANCE PARC sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 37 PENNANCE PARC, 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 37 PENNANCE PARC). 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 37 PENNANCE PARC?

37 PENNANCE PARC is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 37 on PENNANCE PARC.