40, PENMEAD ROAD, DELABOLE, PL33 9AP - £320,000

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.

40 PENMEAD ROAD is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £315,606. It was last sold for £320,000 in July 2022, which was around 28% below the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

40 PENMEAD ROAD Sold Prices

Land registry data shows two sales for 40 PENMEAD ROAD 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 40 PENMEAD ROAD 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
2022 7 JUL	£320,000	£443,318	28% below HPI
2012 11 JAN	£170,000	£274,072	38% below HPI

40 PENMEAD 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 two 40 PENMEAD ROAD sales from January 2012 and July 2022 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 January 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 40 PENMEAD ROAD be worth now?

40 PENMEAD ROAD might now be worth an estimated £315,606.

This is based on house price deflation of 1.4%, between July 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 40 PENMEAD ROAD of £320,000 on 7th July 2022. For the value to have decreased from £320,000 to £315,606 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 40 PENMEAD ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PENMEAD ROAD has not materially changed since July 2022.

How Large is 40 PENMEAD ROAD?

40 PENMEAD ROAD is 92m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in Delabole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Delabole, and where 40 PENMEAD ROAD lies on this distribution: 39% of detached houses houses are smaller than 40 PENMEAD ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Delabole.

40 PENMEAD ROAD: Plot and Title Map

40 PENMEAD ROAD sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 40 PENMEAD 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 PENMEAD 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 PENMEAD ROAD?

40 PENMEAD ROAD is located in DELABOLE, in the PL33 postcode district. The below map shows the position of No. 40 on PENMEAD ROAD.