7, PENN KERNOW, LAUNCESTON, PL15 9TN - £147,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PENN KERNOW is a very small terraced house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £193,467. It was last sold for £147,000 in May 2018, which was around 17% below the average May 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

7 PENN KERNOW Sold Prices

Land registry data shows two sales for 7 PENN KERNOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 7 PENN KERNOW 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
2018 3 MAY	£147,000	£176,828	17% below HPI
2006 17 NOV	£140,000	£158,692	12% below HPI

7 PENN KERNOW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 7 PENN KERNOW sales from November 2006 and May 2018 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 PENN KERNOW be worth now?

7 PENN KERNOW might now be worth an estimated £193,467.

This is based on house price inflation of 31.6%, between May 2018 and July 2025, for terraced 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 31.6% inflationary increase is applied to the most recent sale price for 7 PENN KERNOW of £147,000 on 3rd May 2018. For the value to have increased from £147,000 to £193,467 over the six years and ten months to July 2025, the following assumptions must hold true:

• The value of 7 PENN KERNOW has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The May 2018 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENN KERNOW has not materially changed since May 2018.

How Large is 7 PENN KERNOW?

7 PENN KERNOW is 57m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of terraced houses houses in Withnoe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Withnoe, and where 7 PENN KERNOW lies on this distribution: 1% of terraced houses houses are smaller than 7 PENN KERNOW, and 99% of houses are larger. Note that EPC data is not available for all properties in Withnoe.

7 PENN KERNOW: Plot and Title Map

7 PENN KERNOW sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 7 PENN KERNOW, 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 7 PENN KERNOW). 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 7 PENN KERNOW?

7 PENN KERNOW is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of No. 7 on PENN KERNOW.