38, GREEN LANE, PENRYN, TR10 8QH - £195,000

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

38 GREEN LANE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £195,000 in April 2012, which was around 29% below the average April 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

38 GREEN LANE Sold Prices

Land registry data shows three sales for 38 GREEN LANE 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 38 GREEN LANE 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
2012 17 APR	£195,000	£275,183	29% below HPI
2004 26 JUL	£196,500	£248,122	21% below HPI
1996 5 AUG	£55,000	£72,969	25% below HPI

38 GREEN LANE 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 38 GREEN LANE sales between August 1996 and April 2012 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 July 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 38 GREEN LANE?

38 GREEN LANE is 64m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 38 GREEN LANE lies on this distribution: 6% of detached houses are smaller than 38 GREEN LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Penryn.

38 GREEN LANE: Plot and Title Map

38 GREEN LANE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 38 GREEN LANE, 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 38 GREEN LANE). 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 38 GREEN LANE?

38 GREEN LANE is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 38 on GREEN LANE.