KARELIA, PERRAN DOWNS, PENZANCE, TR20 9HG - £499,950

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.

KARELIA is a very large detached house of 223m², which could now be worth an estimated £803,375. It was last sold for £499,950 in July 2011, which was around 84% above the average July 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was B.

KARELIA Sold Prices

Land registry data shows two sales for KARELIA 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 KARELIA 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
2011 18 JUL	£499,950	£272,094	84% above HPI
2005 14 DEC	£335,000	£264,682	27% above HPI

KARELIA 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 KARELIA sales from December 2005 and July 2011 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 December 2005 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2011 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might KARELIA be worth now?

KARELIA might now be worth an estimated £803,375.

This is based on house price inflation of 60.7%, between July 2011 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 60.7% inflationary increase is applied to the most recent sale price for KARELIA of £499,950 on 18th July 2011. For the value to have increased from £499,950 to £803,375 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of KARELIA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2011 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of KARELIA has not materially changed since July 2011.

How Large is KARELIA?

KARELIA is 223m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses houses in Perran Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perran Downs, and where KARELIA lies on this distribution: 89% of detached houses houses are smaller than KARELIA, and 11% of houses are larger. Note that EPC data is not available for all properties in Perran Downs.

KARELIA: Plot and Title Map

KARELIA sits on a plot of roughly 0.363 of an acre, or 1,468m². The below map shows the location of KARELIA, 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 KARELIA). 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 KARELIA?

KARELIA is located in PERRAN DOWNS, in the TR20 postcode district. The below map shows the position of KARELIA in PERRAN DOWNS.