LOWER MEADOW HOUSE, TREWARVENETH STREET, NEWLYN, PENZANCE, TR18 5JJ - £695,000

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.

LOWER MEADOW HOUSE is a very large extended detached house of 197m², built sometime between 1900 and 1929, which could now be worth an estimated £1,080,996. It was last sold for £695,000 in July 2010, which was around 147% above the average July 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

LOWER MEADOW HOUSE Sold Prices

Land registry data shows two sales for LOWER MEADOW 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. Both of the two LOWER MEADOW HOUSE 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
2010 30 JUL	£695,000	£281,107	147% above HPI
2007 18 MAY	£375,000	£290,808	29% above HPI

LOWER MEADOW 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 LOWER MEADOW HOUSE sales from May 2007 and July 2010 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2010 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

What might LOWER MEADOW HOUSE be worth now?

LOWER MEADOW HOUSE might now be worth an estimated £1,080,996.

This is based on house price inflation of 55.5%, between July 2010 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 55.5% inflationary increase is applied to the most recent sale price for LOWER MEADOW HOUSE of £695,000 on 30th July 2010. For the value to have increased from £695,000 to £1,080,996 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of LOWER MEADOW HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2010 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER MEADOW HOUSE has not materially changed since July 2010.

How Large is LOWER MEADOW HOUSE?

LOWER MEADOW HOUSE is 197m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newlyn, and where LOWER MEADOW HOUSE lies on this distribution: 93% of detached houses houses are smaller than LOWER MEADOW HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

LOWER MEADOW HOUSE: Plot and Title Map

LOWER MEADOW HOUSE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of LOWER MEADOW 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 LOWER MEADOW 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 LOWER MEADOW HOUSE?

LOWER MEADOW HOUSE is located on TREWARVENETH STREET in NEWLYN, in the TR18 postcode district. The below map shows the position of LOWER MEADOW HOUSE on TREWARVENETH STREET.