FLAT 2, PENNANCE HOUSE, SEA VIEW ROAD, FALMOUTH, TR11 4EF - £256,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FLAT 2 PENNANCE HOUSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £256,000 in November 2023, which was around 42% below the average November 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 PENNANCE HOUSE Sold Prices

Land registry data shows two sales for FLAT 2 PENNANCE HOUSE 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 FLAT 2 PENNANCE HOUSE 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
2023 9 NOV	£256,000	£440,879	42% below HPI
1996 17 JAN	£88,000	£71,277	23% above HPI

FLAT 2 PENNANCE HOUSE 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 FLAT 2 PENNANCE HOUSE sales from January 1996 and November 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 January 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is FLAT 2 PENNANCE HOUSE?

FLAT 2 PENNANCE HOUSE is 70m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where FLAT 2 PENNANCE HOUSE lies on this distribution: 8% of detached houses are smaller than FLAT 2 PENNANCE HOUSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

FLAT 2 PENNANCE HOUSE: Plot and Title Map

FLAT 2 PENNANCE HOUSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of FLAT 2 PENNANCE HOUSE, 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 FLAT 2 PENNANCE HOUSE). 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 FLAT 2 PENNANCE HOUSE?

FLAT 2, PENNANCE HOUSE is located on SEA VIEW ROAD in FALMOUTH, in the TR11 postcode district. The below map shows the position of FLAT 2, PENNANCE HOUSE on SEA VIEW ROAD.