PIPISTRELLE, PENELEWEY, FEOCK, TRURO, TR3 6QY - £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

PIPISTRELLE is a very small extended detached house of 97m², built sometime before 1900. It was last sold for £575,000 in September 2023, which was around 29% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was A.

PIPISTRELLE Sold Prices

Land registry data shows four sales for PIPISTRELLE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four PIPISTRELLE sales were for above the average price, and four 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
2023 15 SEP	£575,000	£445,313	29% above HPI
2018 27 NOV	£420,000	£339,199	24% above HPI
2013 14 NOV	£242,500	£277,939	13% below HPI
1998 12 MAR	£83,000	£86,489	4% below HPI

PIPISTRELLE 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 four PIPISTRELLE sales between March 1998 and September 2023 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 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is PIPISTRELLE?

PIPISTRELLE is 97m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Penelewey, based on EPC data. The below chart shows the distribution of detached houses by size in Penelewey, and where PIPISTRELLE lies on this distribution: 6% of detached houses are smaller than PIPISTRELLE, and 94% of houses are larger. Note that EPC data is not available for all properties in Penelewey.

PIPISTRELLE: Plot and Title Map

PIPISTRELLE sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of PIPISTRELLE, 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 PIPISTRELLE). 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 PIPISTRELLE?

PIPISTRELLE is located on PENELEWEY in FEOCK, in the TR3 postcode district. The below map shows the position of PIPISTRELLE on PENELEWEY.