PENWORTHY, ROCK ROAD, ROCK, WADEBRIDGE, PL27 6NW - £575,000

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

PENWORTHY is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £575,000 in March 2018, which was around 75% above the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

PENWORTHY Sold Prices

Land registry data shows three sales for PENWORTHY 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 PENWORTHY 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
2018 23 MAR	£575,000	£328,446	75% above HPI
2006 26 MAY	£416,000	£267,838	55% above HPI
2004 17 SEP	£360,000	£257,040	40% above HPI

PENWORTHY 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 PENWORTHY sales between September 2004 and March 2018 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 May 2006 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2018 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is PENWORTHY?

PENWORTHY is 91m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Rock, based on EPC data. The below chart shows the distribution of detached houses by size in Rock, and where PENWORTHY lies on this distribution: 15% of detached houses are smaller than PENWORTHY, and 85% of houses are larger. Note that EPC data is not available for all properties in Rock.

PENWORTHY: Plot and Title Map

PENWORTHY sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of PENWORTHY, 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 PENWORTHY). 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 PENWORTHY?

PENWORTHY is located on ROCK ROAD in ROCK, in the PL27 postcode district. The below map shows the position of PENWORTHY on ROCK ROAD.