6, TOWER PARK, PELYNT, LOOE, PL13 2LN - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 TOWER PARK is a midsized extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £315,000 in October 2023, which was around 29% below the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

6 TOWER PARK Sold Prices

Land registry data shows five sales for 6 TOWER PARK 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 TOWER PARK 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
2023 23 OCT	£315,000	£444,397	29% below HPI
2018 26 OCT	£271,000	£336,290	19% below HPI
2000 19 JUL	£79,000	£114,703	31% below HPI
1997 7 JUL	£65,000	£80,895	20% below HPI
1995 23 JUN	£53,950	£70,749	24% below HPI

6 TOWER PARK 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 TOWER PARK sales between June 1995 and October 2023 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 October 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 TOWER PARK?

6 TOWER PARK is 93m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses by size in Pelynt, and where 6 TOWER PARK lies on this distribution: 44% of detached houses are smaller than 6 TOWER PARK, and 54% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

6 TOWER PARK: Plot and Title Map

6 TOWER PARK sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 6 TOWER PARK, 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 TOWER PARK). 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 TOWER PARK?

6 TOWER PARK is located in PELYNT, in the PL13 postcode district. The below map shows the position of No. 6 on TOWER PARK.