47, PENNANCE PARC, LANNER, REDRUTH, TR16 5TY - £280,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

47 PENNANCE PARC is a large detached house of 103m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2018, which was around 16% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

47 PENNANCE PARC Sold Prices

Land registry data shows three sales for 47 PENNANCE PARC 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 47 PENNANCE PARC 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
2018 10 AUG	£280,000	£331,892	16% below HPI
2011 11 AUG	£185,000	£270,906	32% below HPI
2002 21 FEB	£120,000	£146,301	18% below HPI

47 PENNANCE PARC 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 47 PENNANCE PARC sales between February 2002 and August 2018 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 August 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 47 PENNANCE PARC?

47 PENNANCE PARC is 103m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 47 PENNANCE PARC lies on this distribution: 62% of detached houses are smaller than 47 PENNANCE PARC, and 38% of houses are larger. Note that EPC data is not available for all properties in Lanner.

47 PENNANCE PARC: Plot and Title Map

47 PENNANCE PARC sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 47 PENNANCE PARC, 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 47 PENNANCE PARC). 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 47 PENNANCE PARC?

47 PENNANCE PARC is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 47 on PENNANCE PARC.