8, PENDREA ROAD, GULVAL, PENZANCE, TR18 3ND - £360,000

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

8 PENDREA ROAD is a small semi-detached house of 78m², built sometime between 1950 and 1966. It was last sold for £360,000 in July 2024, which was around 17% below the average July 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was B.

8 PENDREA ROAD Sold Prices

Land registry data shows four sales for 8 PENDREA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 8 PENDREA ROAD 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 19 JUL	£360,000	£435,156	17% below HPI
2020 22 JUN	£268,000	£338,993	21% below HPI
2010 31 MAR	£228,000	£273,789	17% below HPI
2003 11 JUL	£173,500	£214,306	19% below HPI

8 PENDREA ROAD 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 four 8 PENDREA ROAD sales between July 2003 and July 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 June 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 PENDREA ROAD?

8 PENDREA ROAD is 78m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses by size in Trevarrack, and where 8 PENDREA ROAD lies on this distribution: 23% of detached houses are smaller than 8 PENDREA ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

8 PENDREA ROAD: Plot and Title Map

8 PENDREA ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 PENDREA ROAD, 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 8 PENDREA ROAD). 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 8 PENDREA ROAD?

8 PENDREA ROAD is located in GULVAL, in the TR18 postcode district. The below map shows the position of No. 8 on PENDREA ROAD.