4, COVE VIEW, PENMENNER ROAD, THE LIZARD, HELSTON, TR12 7NN - £365,000

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.

4 COVE VIEW is a small detached house of 93m², which could now be worth an estimated £442,852. It was last sold for £365,000 in September 2020, which was around 1% above the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

4 COVE VIEW Sold Prices

Land registry data shows two sales for 4 COVE VIEW 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 4 COVE VIEW 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
2020 1 SEP	£365,000	£360,367	1% above HPI
2018 11 SEP	£320,000	£340,810	6% below HPI

4 COVE VIEW 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 4 COVE VIEW sales from September 2018 and September 2020 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 September 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 COVE VIEW be worth now?

4 COVE VIEW might now be worth an estimated £442,852.

This is based on house price inflation of 21.3%, between September 2020 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 21.3% inflationary increase is applied to the most recent sale price for 4 COVE VIEW of £365,000 on 1st September 2020. For the value to have increased from £365,000 to £442,852 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 COVE VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COVE VIEW has not materially changed since September 2020.

How Large is 4 COVE VIEW?

4 COVE VIEW is 93m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lizard, and where 4 COVE VIEW lies on this distribution: 22% of detached houses houses are smaller than 4 COVE VIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Lizard.

4 COVE VIEW: Plot and Title Map

4 COVE VIEW sits on a plot of roughly 1.0 acres, or 4,173m². The below map shows the location of 4 COVE VIEW, 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 4 COVE VIEW). 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 4 COVE VIEW?

4 COVE VIEW is located on PENMENNER ROAD in THE LIZARD, in the TR12 postcode district. The below map shows the position of 4 COVE VIEW on PENMENNER ROAD.