LOWARVA, TREVEAN WAY, ROSUDGEON, PENZANCE, TR20 9PB - £249,000

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

LOWARVA is a small extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £249,000 in October 2009, which was around 5% below the average October 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.

LOWARVA Sold Prices

Land registry data shows two sales for LOWARVA 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 LOWARVA 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
2009 30 OCT	£249,000	£260,752	5% below HPI
2007 23 AUG	£225,000	£293,635	23% below HPI

LOWARVA 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 LOWARVA sales from August 2007 and October 2009 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 August 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2009 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is LOWARVA?

LOWARVA is 107m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Rosudgeon, based on EPC data. The below chart shows the distribution of detached houses by size in Rosudgeon, and where LOWARVA lies on this distribution: 30% of detached houses are smaller than LOWARVA, and 67% of houses are larger. Note that EPC data is not available for all properties in Rosudgeon.

LOWARVA: Plot and Title Map

LOWARVA sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of LOWARVA, 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 LOWARVA). 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 LOWARVA?

LOWARVA is located on TREVEAN WAY in ROSUDGEON, in the TR20 postcode district. The below map shows the position of LOWARVA on TREVEAN WAY.