8, PENPONDS ROAD, PORTHLEVEN, HELSTON, TR13 9LL - £240,000

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 PENPONDS ROAD is a midsized detached house of 90m², built sometime between 1967 and 1975. It was last sold for £240,000 in October 2015, which was around 21% below the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

8 PENPONDS ROAD Sold Prices

Land registry data shows two sales for 8 PENPONDS ROAD 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 8 PENPONDS 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
2015 2 OCT	£240,000	£305,354	21% below HPI
1997 4 JUL	£72,500	£80,895	10% below HPI

8 PENPONDS 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 two 8 PENPONDS ROAD sales from July 1997 and October 2015 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 July 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 PENPONDS ROAD?

8 PENPONDS ROAD is 90m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where 8 PENPONDS ROAD lies on this distribution: 48% of detached houses are smaller than 8 PENPONDS ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

8 PENPONDS ROAD: Plot and Title Map

8 PENPONDS ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 8 PENPONDS 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 PENPONDS 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 PENPONDS ROAD?

8 PENPONDS ROAD is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 8 on PENPONDS ROAD.