PENDOWER, NANSMELLYON ROAD, MULLION, HELSTON, TR12 7DQ - £350,000

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

PENDOWER is a very large extended detached house of 208m², built sometime between 1900 and 1929. It was last sold for £350,000 in January 2011, which was around 24% above the average January 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was C.

PENDOWER Sold Prices

Land registry data shows two sales for PENDOWER 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 PENDOWER sales was for above the average price, whilst the other was 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
2011 14 JAN	£350,000	£281,291	24% above HPI
1996 29 FEB	£69,000	£70,332	2% below HPI

PENDOWER 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 PENDOWER sales from February 1996 and January 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 February 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2011 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is PENDOWER?

PENDOWER is 208m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses by size in Mullion, and where PENDOWER lies on this distribution: 94% of detached houses are smaller than PENDOWER, and 6% of houses are larger. Note that EPC data is not available for all properties in Mullion.

PENDOWER: Plot and Title Map

PENDOWER sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of PENDOWER, 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 PENDOWER). 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 PENDOWER?

PENDOWER is located on NANSMELLYON ROAD in MULLION, in the TR12 postcode district. The below map shows the position of PENDOWER on NANSMELLYON ROAD.