PENLEE RISE, MOUNT GEORGE ROAD, FEOCK, TRURO, TR3 6QX - £475,000

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

PENLEE RISE is a small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £475,000 in October 2020, which was around 30% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

PENLEE RISE Sold Prices

Land registry data shows three sales for PENLEE RISE 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. The three PENLEE RISE sales were a mix of above the average price, and roughly equal to 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 23 OCT	£475,000	£364,602	30% above HPI
1998 23 OCT	£92,500	£91,148	1% above HPI
1995 11 DEC	£71,000	£70,878	Close to HPI

PENLEE RISE 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 PENLEE RISE sales between December 1995 and October 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 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is PENLEE RISE?

PENLEE RISE is 114m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Penelewey, based on EPC data. The below chart shows the distribution of detached houses by size in Penelewey, and where PENLEE RISE lies on this distribution: 20% of detached houses are smaller than PENLEE RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Penelewey.

PENLEE RISE: Plot and Title Map

PENLEE RISE sits on a plot of roughly 0.237 of an acre, or 961m². The below map shows the location of PENLEE RISE, 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 PENLEE RISE). 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 PENLEE RISE?

PENLEE RISE is located on MOUNT GEORGE ROAD in FEOCK, in the TR3 postcode district. The below map shows the position of PENLEE RISE on MOUNT GEORGE ROAD.