53, PENOWETH, MYLOR BRIDGE, FALMOUTH, TR11 5NQ - £425,000

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

53 PENOWETH is a small detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £656,705. It was last sold for £425,000 in February 2014, which was around 50% above the average February 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

53 PENOWETH Sold Prices

Land registry data shows three sales for 53 PENOWETH 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 53 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
2014 19 FEB	£425,000	£282,963	50% above HPI
2010 25 NOV	£345,000	£289,375	19% above HPI
1996 24 MAY	£95,000	£71,486	33% above HPI

53 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 three 53 PENOWETH sales between May 1996 and February 2014 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 November 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2014 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 53 PENOWETH be worth now?

53 PENOWETH might now be worth an estimated £656,705.

This is based on house price inflation of 54.5%, between February 2014 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 54.5% inflationary increase is applied to the most recent sale price for 53 PENOWETH of £425,000 on 19th February 2014. For the value to have increased from £425,000 to £656,705 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 53 PENOWETH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2014 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 53 PENOWETH has not materially changed since February 2014.

How Large is 53 PENOWETH?

53 PENOWETH is 92m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 53 PENOWETH lies on this distribution: 27% of detached houses houses are smaller than 53 PENOWETH, and 73% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

53 PENOWETH: Plot and Title Map

53 PENOWETH sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 53 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 53 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 53 PENOWETH?

53 PENOWETH is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 53 on PENOWETH.