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

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.

PENHAVEN is a very small detached house of 50m², built sometime between 1967 and 1975, which could now be worth an estimated £355,359. It was last sold for £245,000 in February 2008, which was around 19% 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	£301,446	19% below HPI
2000 28 JAN	£75,000	£104,965	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2008 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might PENHAVEN be worth now?

PENHAVEN might now be worth an estimated £355,359.

This is based on house price inflation of 45%, between February 2008 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 45% inflationary increase is applied to the most recent sale price for PENHAVEN of £245,000 on 8th February 2008. For the value to have increased from £245,000 to £355,359 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of PENHAVEN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2008 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of PENHAVEN has not materially changed since February 2008.

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 houses in Pendeen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pendeen, and where PENHAVEN lies on this distribution: Less than 1% of detached houses 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.