48, OLD WELL GARDENS, PENRYN, TR10 9LF - £350,000

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

48 OLD WELL GARDENS is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £350,000 in March 2021, which was around 7% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was A.

48 OLD WELL GARDENS Sold Prices

Land registry data shows two sales for 48 OLD WELL GARDENS 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 48 OLD WELL GARDENS sales was for below the average price, whilst the other was 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
2021 5 MAR	£350,000	£375,921	7% below HPI
1996 23 SEP	£84,500	£74,657	13% above HPI

48 OLD WELL GARDENS 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 48 OLD WELL GARDENS sales from September 1996 and March 2021 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 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 48 OLD WELL GARDENS?

48 OLD WELL GARDENS is 106m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 48 OLD WELL GARDENS lies on this distribution: 54% of detached houses are smaller than 48 OLD WELL GARDENS, and 45% of houses are larger. Note that EPC data is not available for all properties in Penryn.

48 OLD WELL GARDENS: Plot and Title Map

48 OLD WELL GARDENS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 48 OLD WELL GARDENS, 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 48 OLD WELL GARDENS). 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 48 OLD WELL GARDENS?

48 OLD WELL GARDENS is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 48 on OLD WELL GARDENS.