PENMORVAH, WATERINGS ROAD, MYLOR BRIDGE, FALMOUTH, TR11 5NH - £825,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENMORVAH is a very large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £799,834. It was last sold for £825,000 in August 2023, which was around 83% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

PENMORVAH Sold Prices

Land registry data shows five sales for PENMORVAH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five PENMORVAH 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
2023 11 AUG	£825,000	£450,988	83% above HPI
2017 13 JUL	£550,000	£317,708	73% above HPI
2014 27 JUN	£413,500	£282,105	47% above HPI
2003 17 MAR	£400,000	£202,056	98% above HPI
2000 25 AUG	£225,000	£119,841	88% above HPI

PENMORVAH 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 five PENMORVAH sales between August 2000 and August 2023 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 2017 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2023 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might PENMORVAH be worth now?

PENMORVAH might now be worth an estimated £799,834.

This is based on house price deflation of 3.1%, between August 2023 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 3.1% deflationary decrease is applied to the most recent sale price for PENMORVAH of £825,000 on 11th August 2023. For the value to have decreased from £825,000 to £799,834 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of PENMORVAH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2023 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of PENMORVAH has not materially changed since August 2023.

How Large is PENMORVAH?

PENMORVAH is 158m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mylor Bridge, and where PENMORVAH lies on this distribution: 83% of detached houses houses are smaller than PENMORVAH, and 17% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

PENMORVAH: Plot and Title Map

PENMORVAH sits on a plot of roughly 0.267 of an acre, or 1,082m². The below map shows the location of PENMORVAH, 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 PENMORVAH). 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 PENMORVAH?

PENMORVAH is located on WATERINGS ROAD in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of PENMORVAH on WATERINGS ROAD.