PENVEAN, BANNS ROAD, MOUNT HAWKE, TRURO, TR4 8BW - £850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PENVEAN is a very large detached house of 204m², which could now be worth an estimated £1,131,075. It was last sold for £850,000 in December 2017, which was around 159% above the average December 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was B, and the potential energy rating was B.

PENVEAN Sold Prices

Land registry data shows two sales for PENVEAN 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 PENVEAN 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 13 DEC	£850,000	£328,578	159% above HPI
2005 4 NOV	£350,000	£265,882	32% above HPI

PENVEAN 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 PENVEAN sales from November 2005 and December 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 November 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2017 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

What might PENVEAN be worth now?

PENVEAN might now be worth an estimated £1,131,075.

This is based on house price inflation of 33.1%, between December 2017 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 33.1% inflationary increase is applied to the most recent sale price for PENVEAN of £850,000 on 13th December 2017. For the value to have increased from £850,000 to £1,131,075 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of PENVEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2017 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of PENVEAN has not materially changed since December 2017.

How Large is PENVEAN?

PENVEAN is 204m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses houses in Mount Hawke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mount Hawke, and where PENVEAN lies on this distribution: 96% of detached houses houses are smaller than PENVEAN, and 4% of houses are larger. Note that EPC data is not available for all properties in Mount Hawke.

PENVEAN: Plot and Title Map

PENVEAN sits on a plot of roughly 155.6 acres, or 629,831m². The below map shows the location of PENVEAN, 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 PENVEAN). 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 PENVEAN?

PENVEAN is located on BANNS ROAD in MOUNT HAWKE, in the TR4 postcode district. The below map shows the position of PENVEAN on BANNS ROAD.