PENWELL, STOKE ROAD, KELLY BRAY, CALLINGTON, PL17 8RA - £260,000

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

PENWELL is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £260,000 in September 2021, which was around 32% below the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

PENWELL Sold Prices

Land registry data shows three sales for PENWELL 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 PENWELL 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
2021 30 SEP	£260,000	£380,638	32% below HPI
2004 10 AUG	£182,000	£252,056	28% below HPI
1999 26 MAR	£69,995	£93,565	25% below HPI

PENWELL 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 PENWELL sales between March 1999 and September 2021 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 August 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is PENWELL?

PENWELL is 72m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Kelly Bray, based on EPC data. The below chart shows the distribution of detached houses by size in Kelly Bray, and where PENWELL lies on this distribution: 8% of detached houses are smaller than PENWELL, and 91% of houses are larger. Note that EPC data is not available for all properties in Kelly Bray.

PENWELL: Plot and Title Map

PENWELL sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of PENWELL, 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 PENWELL). 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 PENWELL?

PENWELL is located on STOKE ROAD in KELLY BRAY, in the PL17 postcode district. The below map shows the position of PENWELL on STOKE ROAD.