40, PENHALE ROAD, FALMOUTH, TR11 5UZ - £409,000

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

40 PENHALE ROAD is a large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £409,000 in May 2015, which was around 38% above the average May 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

40 PENHALE ROAD Sold Prices

Land registry data shows three sales for 40 PENHALE ROAD 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 40 PENHALE ROAD sales were for above 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
2015 29 MAY	£409,000	£295,858	38% above HPI
2010 2 SEP	£385,000	£283,720	36% above HPI
2001 28 FEB	£164,950	£119,290	38% above HPI

40 PENHALE ROAD 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 40 PENHALE ROAD sales between February 2001 and May 2015 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 2010 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2015 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 40 PENHALE ROAD?

40 PENHALE ROAD is 153m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 40 PENHALE ROAD lies on this distribution: 80% of detached houses are smaller than 40 PENHALE ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

40 PENHALE ROAD: Plot and Title Map

40 PENHALE ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 40 PENHALE ROAD, 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 40 PENHALE ROAD). 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 40 PENHALE ROAD?

40 PENHALE ROAD is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 40 on PENHALE ROAD.