PENRIDA, LAMLEDRA HILL, GORRAN HAVEN, ST AUSTELL, PL26 6JR - £435,000

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

PENRIDA is a small detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £650,646. It was last sold for £435,000 in January 2015, which was around 49% above the average January 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was E.

PENRIDA Sold Prices

Land registry data shows three sales for PENRIDA 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 PENRIDA 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
2015 30 JAN	£435,000	£292,318	49% above HPI
2012 9 MAR	£360,000	£276,609	30% above HPI
2006 18 AUG	£360,000	£275,584	31% above HPI

PENRIDA 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 PENRIDA sales between August 2006 and January 2015 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 March 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2015 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might PENRIDA be worth now?

PENRIDA might now be worth an estimated £650,646.

This is based on house price inflation of 49.6%, between January 2015 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 49.6% inflationary increase is applied to the most recent sale price for PENRIDA of £435,000 on 30th January 2015. For the value to have increased from £435,000 to £650,646 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of PENRIDA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2015 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of PENRIDA has not materially changed since January 2015.

How Large is PENRIDA?

PENRIDA is 100m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in Gorran Haven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorran Haven, and where PENRIDA lies on this distribution: 36% of detached houses houses are smaller than PENRIDA, and 64% of houses are larger. Note that EPC data is not available for all properties in Gorran Haven.

PENRIDA: Plot and Title Map

PENRIDA sits on a plot of roughly 0.219 of an acre, or 886m². The below map shows the location of PENRIDA, 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 PENRIDA). 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 PENRIDA?

PENRIDA is located on LAMLEDRA HILL in GORRAN HAVEN, in the PL26 postcode district. The below map shows the position of PENRIDA on LAMLEDRA HILL.