PENDRAGON, MERLINS WAY, TINTAGEL, PL34 0BP - £241,000

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

PENDRAGON is a very small detached house of 50m², built sometime between 2003 and 2006. It was last sold for £241,000 in September 2020, which was around 32% below the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was A.

PENDRAGON Sold Prices

Land registry data shows three sales for PENDRAGON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three PENDRAGON 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
2020 24 SEP	£241,000	£354,778	32% below HPI
2019 23 OCT	£211,000	£342,324	38% below HPI
2007 23 APR	£198,300	£283,992	30% below HPI

PENDRAGON 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 three PENDRAGON sales between April 2007 and September 2020 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 October 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is PENDRAGON?

PENDRAGON is 50m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Tintagel, based on EPC data. The below chart shows the distribution of detached houses by size in Tintagel, and where PENDRAGON lies on this distribution: 1% of detached houses are smaller than PENDRAGON, and 99% of houses are larger. Note that EPC data is not available for all properties in Tintagel.

PENDRAGON: Plot and Title Map

PENDRAGON sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of PENDRAGON, 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 PENDRAGON). 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 PENDRAGON?

PENDRAGON is located on MERLINS WAY in TINTAGEL, in the PL34 postcode district. The below map shows the position of PENDRAGON on MERLINS WAY.