DUNHEVED, PENDEEN, PENZANCE, TR19 7SR - £311,000

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.

DUNHEVED is a small extended detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £293,162. It was last sold for £311,000 in October 2022, which was around 33% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was F, and the potential energy rating was C.

DUNHEVED Sold Prices

Land registry data shows three sales for DUNHEVED 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 DUNHEVED 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
2022 4 OCT	£311,000	£463,835	33% below HPI
1999 24 MAY	£58,750	£95,092	38% below HPI
1995 31 JUL	£69,500	£71,277	2% below HPI

DUNHEVED 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 DUNHEVED sales between July 1995 and October 2022 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 May 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might DUNHEVED be worth now?

DUNHEVED might now be worth an estimated £293,162.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for DUNHEVED of £311,000 on 4th October 2022. For the value to have decreased from £311,000 to £293,162 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of DUNHEVED has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £311,000 represented a fair market value for the property.
• The size, condition, and specification of DUNHEVED has not materially changed since October 2022.

How Large is DUNHEVED?

DUNHEVED is 94m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses houses in Pendeen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pendeen, and where DUNHEVED lies on this distribution: 39% of detached houses houses are smaller than DUNHEVED, and 58% of houses are larger. Note that EPC data is not available for all properties in Pendeen.

DUNHEVED: Plot and Title Map

DUNHEVED sits on a plot of roughly 0.395 of an acre, or 1,600m². The below map shows the location of DUNHEVED, 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 DUNHEVED). 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 DUNHEVED?

DUNHEVED is located in PENDEEN, in the TR19 postcode district. The below map shows the position of DUNHEVED in PENDEEN.