PENMARRICK HOUSE, PERRANARWORTHAL, TRURO, TR3 7QL - £567,500

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.

PENMARRICK HOUSE is a large extended detached house of 234m², built sometime before 1900, which could now be worth an estimated £724,730. It was last sold for £567,500 in July 2019, which was around 66% above the average July 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

PENMARRICK HOUSE Sold Prices

Land registry data shows three sales for PENMARRICK HOUSE 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 PENMARRICK HOUSE 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
2019 10 JUL	£567,500	£342,374	66% above HPI
2001 8 JAN	£325,000	£120,240	170% above HPI
1998 5 MAY	£132,000	£88,982	48% above HPI

PENMARRICK HOUSE 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 PENMARRICK HOUSE sales between May 1998 and July 2019 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 2001 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the July 2019 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might PENMARRICK HOUSE be worth now?

PENMARRICK HOUSE might now be worth an estimated £724,730.

This is based on house price inflation of 27.7%, between July 2019 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 27.7% inflationary increase is applied to the most recent sale price for PENMARRICK HOUSE of £567,500 on 10th July 2019. For the value to have increased from £567,500 to £724,730 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of PENMARRICK HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2019 sale price of £567,500 represented a fair market value for the property.
• The size, condition, and specification of PENMARRICK HOUSE has not materially changed since July 2019.

How Large is PENMARRICK HOUSE?

PENMARRICK HOUSE is 234m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Perranarworthal, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perranarworthal, and where PENMARRICK HOUSE lies on this distribution: 78% of detached houses houses are smaller than PENMARRICK HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Perranarworthal.

PENMARRICK HOUSE: Plot and Title Map

PENMARRICK HOUSE sits on a plot of roughly 0.322 of an acre, or 1,303m². The below map shows the location of PENMARRICK HOUSE, 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 PENMARRICK HOUSE). 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 PENMARRICK HOUSE?

PENMARRICK HOUSE is located in PERRANARWORTHAL, in the TR3 postcode district. The below map shows the position of PENMARRICK HOUSE in PERRANARWORTHAL.