CARPE DIEM, PENGERSICK LANE, GERMOE, PENZANCE, TR20 9RB - £286,000

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

CARPE DIEM is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £286,000 in May 2016, which was around 6% below the average May 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

CARPE DIEM Sold Prices

Land registry data shows two sales for CARPE DIEM 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. One of the two CARPE DIEM sales was for below the average price, whilst the other was 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
2016 13 MAY	£286,000	£304,401	6% below HPI
1999 1 JUL	£105,000	£96,437	9% above HPI

CARPE DIEM 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 CARPE DIEM sales from July 1999 and May 2016 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 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is CARPE DIEM?

CARPE DIEM is 96m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Germoe, based on EPC data. The below chart shows the distribution of detached houses by size in Germoe, and where CARPE DIEM lies on this distribution: 28% of detached houses are smaller than CARPE DIEM, and 72% of houses are larger. Note that EPC data is not available for all properties in Germoe.

CARPE DIEM: Plot and Title Map

CARPE DIEM sits on a plot of roughly 0.290 of an acre, or 1,175m². The below map shows the location of CARPE DIEM, 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 CARPE DIEM). 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 CARPE DIEM?

CARPE DIEM is located on PENGERSICK LANE in GERMOE, in the TR20 postcode district. The below map shows the position of CARPE DIEM on PENGERSICK LANE.