6, PENARROW CLOSE, FALMOUTH, TR11 4QH - £298,000

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

6 PENARROW CLOSE is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £298,000 in June 2024, which was around 31% below the average June 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

6 PENARROW CLOSE Sold Prices

Land registry data shows five sales for 6 PENARROW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 6 PENARROW CLOSE 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
2024 20 JUN	£298,000	£432,038	31% below HPI
2015 26 MAY	£195,000	£295,858	34% below HPI
2004 6 AUG	£187,500	£252,056	26% below HPI
2002 25 FEB	£97,000	£146,301	34% below HPI
1999 22 DEC	£70,000	£103,327	32% below HPI

6 PENARROW CLOSE 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 five 6 PENARROW CLOSE sales between December 1999 and June 2024 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 May 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 PENARROW CLOSE?

6 PENARROW CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in April 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 6 PENARROW CLOSE lies on this distribution: 15% of detached houses are smaller than 6 PENARROW CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

6 PENARROW CLOSE: Plot and Title Map

6 PENARROW CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 6 PENARROW CLOSE, 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 6 PENARROW CLOSE). 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 6 PENARROW CLOSE?

6 PENARROW CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 6 on PENARROW CLOSE.