PENRUAN, CRACKINGTON HAVEN, BUDE, EX23 0JR - £289,980

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

PENRUAN is a very large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £426,097. It was last sold for £289,980 in July 2016, which was around 4% below the average July 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

PENRUAN Sold Prices

Land registry data shows three sales for PENRUAN 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. Two of the three PENRUAN sales were for below the average price, whilst one was 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 6 JUL	£289,980	£302,166	4% below HPI
2014 19 MAR	£220,000	£285,322	23% below HPI
1995 27 NOV	£91,000	£72,366	26% above HPI

PENRUAN 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 PENRUAN sales between November 1995 and July 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 March 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might PENRUAN be worth now?

PENRUAN might now be worth an estimated £426,097.

This is based on house price inflation of 46.9%, between July 2016 and December 2024, 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 46.9% inflationary increase is applied to the most recent sale price for PENRUAN of £289,980 on 6th July 2016. For the value to have increased from £289,980 to £426,097 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of PENRUAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2016 sale price of £289,980 represented a fair market value for the property.
• The size, condition, and specification of PENRUAN has not materially changed since July 2016.

How Large is PENRUAN?

PENRUAN is 133m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Middle Crackington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Crackington, and where PENRUAN lies on this distribution: 93% of detached houses houses are smaller than PENRUAN, and 7% of houses are larger. Note that EPC data is not available for all properties in Middle Crackington.

PENRUAN: Plot and Title Map

PENRUAN sits on a plot of roughly 0.235 of an acre, or 952m². The below map shows the location of PENRUAN, 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 PENRUAN). 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 PENRUAN?

PENRUAN is located in CRACKINGTON HAVEN, in the EX23 postcode district. The below map shows the position of PENRUAN in CRACKINGTON HAVEN.