PENROWAN, MEADWAY, LOOE, PL13 1JT - £437,000

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

PENROWAN is a very large detached house of 192m², built sometime between 1983 and 1990. It was last sold for £437,000 in August 2017, which was around 38% above the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

PENROWAN Sold Prices

Land registry data shows three sales for PENROWAN 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 PENROWAN 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
2017 11 AUG	£437,000	£316,709	38% above HPI
2004 11 MAY	£330,000	£235,691	40% above HPI
2001 20 APR	£150,000	£125,516	20% above HPI

PENROWAN 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 PENROWAN sales between April 2001 and August 2017 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 May 2004 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2017 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is PENROWAN?

PENROWAN is 192m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where PENROWAN lies on this distribution: 87% of detached houses are smaller than PENROWAN, and 13% of houses are larger. Note that EPC data is not available for all properties in Looe.

PENROWAN: Plot and Title Map

PENROWAN sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of PENROWAN, 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 PENROWAN). 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 PENROWAN?

PENROWAN is located on MEADWAY in LOOE, in the PL13 postcode district. The below map shows the position of PENROWAN on MEADWAY.