FAIRWAY, ROSPEATH LANE, CROWLAS, PENZANCE, TR20 8DU - £550,000

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

FAIRWAY is a very large extended detached house of 184m², built sometime between 2003 and 2006. It was last sold for £550,000 in September 2023, which was around 24% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was A.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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 FAIRWAY 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
2023 1 SEP	£550,000	£444,914	24% above HPI
2016 4 NOV	£355,000	£307,645	15% above HPI

FAIRWAY 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 FAIRWAY sales from November 2016 and September 2023 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 November 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is FAIRWAY?

FAIRWAY is 184m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Crowlas, based on EPC data. The below chart shows the distribution of detached houses by size in Crowlas, and where FAIRWAY lies on this distribution: 86% of detached houses are smaller than FAIRWAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Crowlas.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on ROSPEATH LANE in CROWLAS, in the TR20 postcode district. The below map shows the position of FAIRWAY on ROSPEATH LANE.