PENLEATH, CLIFF RISE, POLRUAN, FOWEY, PL23 1QQ - £370,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

PENLEATH is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £370,000 in February 2024, which was around 14% below the average February 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

PENLEATH Sold Prices

Land registry data shows two sales for PENLEATH 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 PENLEATH 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
2024 28 FEB	£370,000	£430,983	14% below HPI
1996 31 JUL	£43,000	£71,408	40% below HPI

PENLEATH 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 PENLEATH sales from July 1996 and February 2024 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 July 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is PENLEATH?

PENLEATH is 112m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Polruan, based on EPC data. The below chart shows the distribution of detached houses by size in Polruan, and where PENLEATH lies on this distribution: 36% of detached houses are smaller than PENLEATH, and 62% of houses are larger. Note that EPC data is not available for all properties in Polruan.

PENLEATH: Plot and Title Map

PENLEATH sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of PENLEATH, 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 PENLEATH). 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 PENLEATH?

PENLEATH is located on CLIFF RISE in POLRUAN, in the PL23 postcode district. The below map shows the position of PENLEATH on CLIFF RISE.