PENN HOUSE, TREVANSON, WADEBRIDGE, PL27 7HP - £130,000

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.

PENN HOUSE is a very large extended detached house of 158m², built sometime between 1983 and 1990, which could now be worth an estimated £620,897. It was last sold for £130,000 in July 1998, which was around 42% above the average July 1998 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was A.

PENN HOUSE Sold Prices

Land registry data shows two sales for PENN HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two PENN 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
1998 31 JUL	£130,000	£91,545	42% above HPI
1995 22 SEP	£97,000	£71,117	36% above HPI

PENN 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 two PENN HOUSE sales from September 1995 and July 1998 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 1995 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 1998 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might PENN HOUSE be worth now?

PENN HOUSE might now be worth an estimated £620,897.

This is based on house price inflation of 377.6%, between July 1998 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 377.6% inflationary increase is applied to the most recent sale price for PENN HOUSE of £130,000 on 31st July 1998. For the value to have increased from £130,000 to £620,897 over the 27 years and five months to February 2025, the following assumptions must hold true:

• The value of PENN HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 1998 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of PENN HOUSE has not materially changed since July 1998.

How Large is PENN HOUSE?

PENN HOUSE is 158m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadebridge, and where PENN HOUSE lies on this distribution: 87% of detached houses houses are smaller than PENN HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

PENN HOUSE: Plot and Title Map

PENN HOUSE sits on a plot of roughly 0.569 of an acre, or 2,304m². The below map shows the location of PENN 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 PENN 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 PENN HOUSE?

PENN HOUSE is located in TREVANSON, in the PL27 postcode district. The below map shows the position of PENN HOUSE in TREVANSON.