8, WELLINGTON PLANTATION, PENELEWEY, TRURO, TR3 6QP - £575,000

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.

8 WELLINGTON PLANTATION is a very large extended detached house of 248m², built sometime between 1983 and 1990, which could now be worth an estimated £873,660. It was last sold for £575,000 in August 2014, which was around 100% above the average August 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

8 WELLINGTON PLANTATION Sold Prices

Land registry data shows three sales for 8 WELLINGTON PLANTATION since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 8 WELLINGTON PLANTATION 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
2014 12 AUG	£575,000	£287,764	100% above HPI
2008 29 OCT	£515,000	£284,720	81% above HPI
2008 16 JAN	£585,000	£303,402	93% above HPI

8 WELLINGTON PLANTATION 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 three 8 WELLINGTON PLANTATION sales between January 2008 and August 2014 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 2008 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the August 2014 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 8 WELLINGTON PLANTATION be worth now?

8 WELLINGTON PLANTATION might now be worth an estimated £873,660.

This is based on house price inflation of 51.9%, between August 2014 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 51.9% inflationary increase is applied to the most recent sale price for 8 WELLINGTON PLANTATION of £575,000 on 12th August 2014. For the value to have increased from £575,000 to £873,660 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 8 WELLINGTON PLANTATION has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2014 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELLINGTON PLANTATION has not materially changed since August 2014.

How Large is 8 WELLINGTON PLANTATION?

8 WELLINGTON PLANTATION is 248m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Penelewey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penelewey, and where 8 WELLINGTON PLANTATION lies on this distribution: 86% of detached houses houses are smaller than 8 WELLINGTON PLANTATION, and 14% of houses are larger. Note that EPC data is not available for all properties in Penelewey.

8 WELLINGTON PLANTATION: Plot and Title Map

8 WELLINGTON PLANTATION sits on a plot of roughly 0.491 of an acre, or 1,987m². The below map shows the location of 8 WELLINGTON PLANTATION, 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 WELLINGTON PLANTATION). 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 WELLINGTON PLANTATION?

8 WELLINGTON PLANTATION is located in PENELEWEY, in the TR3 postcode district. The below map shows the position of No. 8 on WELLINGTON PLANTATION.