7, PENOWETH, MYLOR BRIDGE, FALMOUTH, TR11 5NQ - £460,000

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

7 PENOWETH is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £465,825. It was last sold for £460,000 in May 2024, which was around 7% above the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

7 PENOWETH Sold Prices

Land registry data shows two sales for 7 PENOWETH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 7 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
2024 31 MAY	£460,000	£431,764	7% above HPI
1999 17 AUG	£126,100	£99,651	27% above HPI

7 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 two 7 PENOWETH sales from August 1999 and May 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 August 1999 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 PENOWETH be worth now?

7 PENOWETH might now be worth an estimated £465,825.

This is based on house price inflation of 1.3%, between May 2024 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 1.3% inflationary increase is applied to the most recent sale price for 7 PENOWETH of £460,000 on 31st May 2024. For the value to have increased from £460,000 to £465,825 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 7 PENOWETH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2024 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PENOWETH has not materially changed since May 2024.

How Large is 7 PENOWETH?

7 PENOWETH is 78m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% 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 7 PENOWETH lies on this distribution: 15% of detached houses houses are smaller than 7 PENOWETH, and 86% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

7 PENOWETH: Plot and Title Map

7 PENOWETH sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 7 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 7 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 7 PENOWETH?

7 PENOWETH is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 7 on PENOWETH.