PENDEEN, PRAZE ROAD, LEEDSTOWN, HAYLE, TR27 6DH - £375,000

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

PENDEEN is a very large detached house of 141m², built sometime between 1976 and 1982. It was last sold for £375,000 in July 2023, which was around 14% below the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was D.

PENDEEN Sold Prices

Land registry data shows two sales for PENDEEN 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 PENDEEN 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
2023 4 JUL	£375,000	£438,307	14% below HPI
2013 15 FEB	£250,000	£266,912	6% below HPI

PENDEEN 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 PENDEEN sales from February 2013 and July 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 February 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is PENDEEN?

PENDEEN is 141m² according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Leedstown, based on EPC data. The below chart shows the distribution of detached houses by size in Leedstown, and where PENDEEN lies on this distribution: 84% of detached houses are smaller than PENDEEN, and 14% of houses are larger. Note that EPC data is not available for all properties in Leedstown.

PENDEEN: Plot and Title Map

PENDEEN sits on a plot of roughly 1,067.7 acres, or 4,321,025m². The below map shows the location of PENDEEN, 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 PENDEEN). 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 PENDEEN?

PENDEEN is located on PRAZE ROAD in LEEDSTOWN, in the TR27 postcode district. The below map shows the position of PENDEEN on PRAZE ROAD.