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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

37 PENNANCE PARC is a large detached house of 103m². It was last sold for £224,000 in April 2010, which was around 20% 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	£278,768	20% below HPI
2006 12 OCT	£229,950	£279,173	18% below HPI
2005 31 JAN	£215,000	£259,153	17% below HPI
2002 14 JUN	£123,950	£158,774	22% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2010 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 37 PENNANCE PARC lies on this distribution: 61% of detached houses are smaller than 37 PENNANCE PARC, and 39% 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.