41, PENOWETH, MYLOR BRIDGE, FALMOUTH, TR11 5NQ - £360,000

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

41 PENOWETH is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £564,224. It was last sold for £360,000 in October 2011, which was around 29% above the average October 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

41 PENOWETH Sold Prices

Land registry data shows two sales for 41 PENOWETH 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 41 PENOWETH 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
2011 14 OCT	£360,000	£278,973	29% above HPI
1998 14 SEP	£149,950	£92,285	62% above HPI

41 PENOWETH 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 41 PENOWETH sales from September 1998 and October 2011 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 1998 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2011 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 41 PENOWETH be worth now?

41 PENOWETH might now be worth an estimated £564,224.

This is based on house price inflation of 56.7%, between October 2011 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 56.7% inflationary increase is applied to the most recent sale price for 41 PENOWETH of £360,000 on 14th October 2011. For the value to have increased from £360,000 to £564,224 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 41 PENOWETH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2011 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PENOWETH has not materially changed since October 2011.

How Large is 41 PENOWETH?

41 PENOWETH is 100m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mylor Bridge, and where 41 PENOWETH lies on this distribution: 36% of detached houses houses are smaller than 41 PENOWETH, and 62% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

41 PENOWETH: Plot and Title Map

41 PENOWETH sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of 41 PENOWETH, 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 41 PENOWETH). 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 41 PENOWETH?

41 PENOWETH is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 41 on PENOWETH.