3B, LOWER PENGEGON, CAMBORNE, TR14 8RX - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3B LOWER PENGEGON is a very small extended detached house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £240,638. It was last sold for £235,000 in July 2024, which was around 46% below the average July 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

3B LOWER PENGEGON Sold Prices

Land registry data shows two sales for 3B LOWER PENGEGON 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 3B LOWER PENGEGON 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
2024 12 JUL	£235,000	£433,600	46% below HPI
2005 8 MAR	£155,000	£257,165	40% below HPI

3B LOWER PENGEGON 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 3B LOWER PENGEGON sales from March 2005 and July 2024 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 March 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 3B LOWER PENGEGON be worth now?

3B LOWER PENGEGON might now be worth an estimated £240,638.

This is based on house price inflation of 2.4%, between July 2024 and December 2024, 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 2.4% inflationary increase is applied to the most recent sale price for 3B LOWER PENGEGON of £235,000 on 12th July 2024. For the value to have increased from £235,000 to £240,638 over the seven months to December 2024, the following assumptions must hold true:

• The value of 3B LOWER PENGEGON has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3B LOWER PENGEGON has not materially changed since July 2024.

How Large is 3B LOWER PENGEGON?

3B LOWER PENGEGON is 66m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses houses in Camborne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Camborne, and where 3B LOWER PENGEGON lies on this distribution: 14% of detached houses houses are smaller than 3B LOWER PENGEGON, and 85% of houses are larger. Note that EPC data is not available for all properties in Camborne.

3B LOWER PENGEGON: Plot and Title Map

3B LOWER PENGEGON sits on a plot of roughly 72.0 acres, or 291,233m². The below map shows the location of 3B LOWER PENGEGON, 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 3B LOWER PENGEGON). 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 3B LOWER PENGEGON?

3B LOWER PENGEGON is located in CAMBORNE, in the TR14 postcode district. The below map shows the position of No. 3B on LOWER PENGEGON.