39, PENMAYNE PARC, LANNER, REDRUTH, TR16 5TN - £345,000

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

39 PENMAYNE PARC is a midsized detached house of 84m², built sometime between 1983 and 1990. It was last sold for £345,000 in April 2019, which was around 4% above the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

39 PENMAYNE PARC Sold Prices

Land registry data shows two sales for 39 PENMAYNE PARC 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. One of the two 39 PENMAYNE PARC sales was for above the average price, whilst the other was 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
2019 12 APR	£345,000	£331,321	4% above HPI
2008 11 NOV	£230,000	£271,199	15% below HPI

39 PENMAYNE 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 two 39 PENMAYNE PARC sales from November 2008 and April 2019 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 39 PENMAYNE PARC?

39 PENMAYNE PARC is 84m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 39 PENMAYNE PARC lies on this distribution: 41% of detached houses are smaller than 39 PENMAYNE PARC, and 58% of houses are larger. Note that EPC data is not available for all properties in Lanner.

39 PENMAYNE PARC: Plot and Title Map

39 PENMAYNE PARC sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of 39 PENMAYNE 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 39 PENMAYNE 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 39 PENMAYNE PARC?

39 PENMAYNE PARC is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 39 on PENMAYNE PARC.