PENROSE, CARWINION ROAD, MAWNAN SMITH, FALMOUTH, TR11 5JD - £460,000

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

PENROSE is a midsized detached house of 133m². It was last sold for £460,000 in September 2016, which was around 52% above the average September 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

PENROSE Sold Prices

Land registry data shows two sales for PENROSE 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 PENROSE 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
2016 28 SEP	£460,000	£302,629	52% above HPI
2013 26 NOV	£296,000	£277,939	6% above HPI

PENROSE 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 PENROSE sales from November 2013 and September 2016 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 November 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2016 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is PENROSE?

PENROSE is 133m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses by size in Mawnan Smith, and where PENROSE lies on this distribution: 50% of detached houses are smaller than PENROSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

PENROSE: Plot and Title Map

PENROSE sits on a plot of roughly 0.293 of an acre, or 1,185m². The below map shows the location of PENROSE, 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 PENROSE). 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 PENROSE?

PENROSE is located on CARWINION ROAD in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of PENROSE on CARWINION ROAD.