PENLYN, BEACH ROAD, CRANTOCK, NEWQUAY, TR8 5RE - £1,250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PENLYN is a small extended detached house of 124m², built sometime before 1900. It was last sold for £1,250,000 in September 2022, which was around 177% above the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

PENLYN Sold Prices

Land registry data shows three sales for PENLYN 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 PENLYN 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
2022 2 SEP	£1,250,000	£450,467	177% above HPI
2007 28 SEP	£527,000	£300,052	76% above HPI
2001 26 OCT	£250,000	£139,774	79% above HPI

PENLYN 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 PENLYN sales between October 2001 and September 2022 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 2007 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2022 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

How Large is PENLYN?

PENLYN is 124m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Crantock, based on EPC data. The below chart shows the distribution of detached houses by size in Crantock, and where PENLYN lies on this distribution: 38% of detached houses are smaller than PENLYN, and 62% of houses are larger. Note that EPC data is not available for all properties in Crantock.

PENLYN: Plot and Title Map

PENLYN sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of PENLYN, 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 PENLYN). 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 PENLYN?

PENLYN is located on BEACH ROAD in CRANTOCK, in the TR8 postcode district. The below map shows the position of PENLYN on BEACH ROAD.