PENVENTON, GOONHAVERN, TRURO, TR4 9JP - £210,000

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

PENVENTON is a large extended detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £327,482. It was last sold for £210,000 in October 2008, which was around 26% below the average October 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

PENVENTON Sold Prices

Land registry data shows two sales for PENVENTON 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 PENVENTON sales 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
2008 31 OCT	£210,000	£284,720	26% below HPI
2003 24 JAN	£139,995	£199,409	30% below HPI

PENVENTON 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 PENVENTON sales from January 2003 and October 2008 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 January 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2008 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might PENVENTON be worth now?

PENVENTON might now be worth an estimated £327,482.

This is based on house price inflation of 55.9%, between October 2008 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 55.9% inflationary increase is applied to the most recent sale price for PENVENTON of £210,000 on 31st October 2008. For the value to have increased from £210,000 to £327,482 over the fifteen years and ten months to December 2024, the following assumptions must hold true:

• The value of PENVENTON has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2008 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of PENVENTON has not materially changed since October 2008.

How Large is PENVENTON?

PENVENTON is 130m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses houses in Goonhavern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goonhavern, and where PENVENTON lies on this distribution: 63% of detached houses houses are smaller than PENVENTON, and 37% of houses are larger. Note that EPC data is not available for all properties in Goonhavern.

PENVENTON: Plot and Title Map

PENVENTON sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of PENVENTON, 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 PENVENTON). 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 PENVENTON?

PENVENTON is located in GOONHAVERN, in the TR4 postcode district. The below map shows the position of PENVENTON in GOONHAVERN.