PENMORCOM, POLZEATH, WADEBRIDGE, PL27 6ST - £1,100,000

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

PENMORCOM is a small semi-detached house of 111m². It was last sold for £1,100,000 in December 2022, which was around 141% above the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

PENMORCOM Sold Prices

Land registry data shows three sales for PENMORCOM 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. Two of the three PENMORCOM sales were for above the average price, whilst one was 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
2022 1 DEC	£1,100,000	£456,326	141% above HPI
2014 5 DEC	£567,500	£289,231	96% above HPI
2010 22 OCT	£250,000	£285,587	12% below HPI

PENMORCOM 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 PENMORCOM sales between October 2010 and December 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 December 2014 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the December 2022 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is PENMORCOM?

PENMORCOM is 111m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Polzeath, based on EPC data. The below chart shows the distribution of detached houses by size in Polzeath, and where PENMORCOM lies on this distribution: 26% of detached houses are smaller than PENMORCOM, and 72% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

PENMORCOM: Plot and Title Map

PENMORCOM sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of PENMORCOM, 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 PENMORCOM). 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 PENMORCOM?

PENMORCOM is located in POLZEATH, in the PL27 postcode district. The below map shows the position of PENMORCOM in POLZEATH.