PENHAVEN, LOWER BOSCASWELL, PENDEEN, PENZANCE, TR19 7ER - £245,000

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

PENHAVEN is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2008, which was around 17% below the average February 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was A.

PENHAVEN Sold Prices

Land registry data shows two sales for PENHAVEN 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 PENHAVEN 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
2008 8 FEB	£245,000	£296,771	17% below HPI
2000 28 JAN	£75,000	£103,337	27% below HPI

PENHAVEN 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 PENHAVEN sales from January 2000 and February 2008 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 January 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2008 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is PENHAVEN?

PENHAVEN is 50m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Pendeen, based on EPC data. The below chart shows the distribution of detached houses by size in Pendeen, and where PENHAVEN lies on this distribution: Less than 1% of detached houses are smaller than PENHAVEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pendeen.

PENHAVEN: Plot and Title Map

PENHAVEN sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of PENHAVEN, 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 PENHAVEN). 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 PENHAVEN?

PENHAVEN is located on LOWER BOSCASWELL in PENDEEN, in the TR19 postcode district. The below map shows the position of PENHAVEN on LOWER BOSCASWELL.