56, PENGARTH RISE, FALMOUTH, TR11 2RR - £275,000

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

56 PENGARTH RISE is a very small semi-detached house of 74m², built sometime between 1976 and 1982. It was last sold for £275,000 in September 2020, which was around 22% below the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

56 PENGARTH RISE Sold Prices

Land registry data shows three sales for 56 PENGARTH RISE 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 56 PENGARTH RISE 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
2020 8 SEP	£275,000	£354,778	22% below HPI
2016 8 JUN	£239,950	£295,169	19% below HPI
2012 7 DEC	£175,000	£267,018	34% below HPI

56 PENGARTH RISE 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 56 PENGARTH RISE sales between December 2012 and September 2020 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 June 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 56 PENGARTH RISE?

56 PENGARTH RISE is 74m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 56 PENGARTH RISE lies on this distribution: 11% of detached houses are smaller than 56 PENGARTH RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

56 PENGARTH RISE: Plot and Title Map

56 PENGARTH RISE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 56 PENGARTH RISE, 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 56 PENGARTH RISE). 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 56 PENGARTH RISE?

56 PENGARTH RISE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 56 on PENGARTH RISE.