PENINNEY LODGE, LEWANNICK, LAUNCESTON, PL15 7QD - £189,950

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

PENINNEY LODGE is a large detached house of 113m², built sometime between 1976 and 1982. It was last sold for £189,950 in August 2002, which was around 11% above the average August 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

PENINNEY LODGE Sold Prices

Land registry data shows three sales for PENINNEY LODGE 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 PENINNEY LODGE sales were for above 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
2002 28 AUG	£189,950	£171,027	11% above HPI
1997 5 SEP	£90,000	£83,854	7% above HPI
1995 14 DEC	£80,000	£70,878	13% above HPI

PENINNEY LODGE 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 PENINNEY LODGE sales between December 1995 and August 2002 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 September 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2002 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is PENINNEY LODGE?

PENINNEY LODGE is 113m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Lewannick, based on EPC data. The below chart shows the distribution of detached houses by size in Lewannick, and where PENINNEY LODGE lies on this distribution: 67% of detached houses are smaller than PENINNEY LODGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lewannick.

PENINNEY LODGE: Plot and Title Map

PENINNEY LODGE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of PENINNEY LODGE, 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 PENINNEY LODGE). 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 PENINNEY LODGE?

PENINNEY LODGE is located in LEWANNICK, in the PL15 postcode district. The below map shows the position of PENINNEY LODGE in LEWANNICK.