PENSYLVA, PENWARNE LANE, MEVAGISSEY, ST AUSTELL, PL26 6PF - £370,000

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

PENSYLVA is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £370,000 in November 2016, which was around 20% above the average November 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2010, where the current energy rating was F, and the potential energy rating was E.

PENSYLVA Sold Prices

Land registry data shows three sales for PENSYLVA 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. One of the three PENSYLVA sales was for above the average price, whilst two were for below 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 16 NOV	£370,000	£307,645	20% above HPI
2011 11 APR	£250,000	£270,506	8% below HPI
1997 20 AUG	£69,500	£83,288	17% below HPI

PENSYLVA 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 PENSYLVA sales between August 1997 and November 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 April 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is PENSYLVA?

PENSYLVA is 77m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where PENSYLVA lies on this distribution: 10% of detached houses are smaller than PENSYLVA, and 90% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

PENSYLVA: Plot and Title Map

PENSYLVA sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of PENSYLVA, 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 PENSYLVA). 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 PENSYLVA?

PENSYLVA is located on PENWARNE LANE in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of PENSYLVA on PENWARNE LANE.