PENWERRIS, EGLOSKERRY, LAUNCESTON, PL15 8RT - £247,500

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.

PENWERRIS is a large extended detached house of 113m², built sometime between 1930 and 1949, which could now be worth an estimated £392,775. It was last sold for £247,500 in December 2011, which was around 10% below the average December 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

PENWERRIS Sold Prices

Land registry data shows two sales for PENWERRIS 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 PENWERRIS 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
2011 15 DEC	£247,500	£275,513	10% below HPI
2001 2 NOV	£102,000	£143,710	29% below HPI

PENWERRIS 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 PENWERRIS sales from November 2001 and December 2011 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might PENWERRIS be worth now?

PENWERRIS might now be worth an estimated £392,775.

This is based on house price inflation of 58.7%, between December 2011 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 58.7% inflationary increase is applied to the most recent sale price for PENWERRIS of £247,500 on 15th December 2011. For the value to have increased from £247,500 to £392,775 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of PENWERRIS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2011 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of PENWERRIS has not materially changed since December 2011.

How Large is PENWERRIS?

PENWERRIS is 113m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 40% of detached houses houses in Egloskerry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Egloskerry, and where PENWERRIS lies on this distribution: 69% of detached houses houses are smaller than PENWERRIS, and 31% of houses are larger. Note that EPC data is not available for all properties in Egloskerry.

PENWERRIS: Plot and Title Map

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

PENWERRIS is located in EGLOSKERRY, in the PL15 postcode district. The below map shows the position of PENWERRIS in EGLOSKERRY.