POLMENNA HOUSE, PENPOL, DEVORAN, TRURO, TR3 6NP - £1,090,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

POLMENNA HOUSE is a large extended detached house of 190m², built sometime between 2003 and 2006. It was last sold for £1,090,000 in August 2023, which was around 145% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

POLMENNA HOUSE Sold Prices

Land registry data shows two sales for POLMENNA HOUSE 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 POLMENNA HOUSE 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
2023 18 AUG	£1,090,000	£443,993	145% above HPI
2011 5 OCT	£710,000	£274,646	159% above HPI

POLMENNA HOUSE 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 POLMENNA HOUSE sales from October 2011 and August 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 October 2011 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the August 2023 sale, where it falls to 145% above the HPI. The line then continues to track at 145% above the HPI.

How Large is POLMENNA HOUSE?

POLMENNA HOUSE is 190m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses in Penpol, based on EPC data. The below chart shows the distribution of detached houses by size in Penpol, and where POLMENNA HOUSE lies on this distribution: 66% of detached houses are smaller than POLMENNA HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Penpol.

POLMENNA HOUSE: Plot and Title Map

POLMENNA HOUSE sits on a plot of roughly 0.357 of an acre, or 1,447m². The below map shows the location of POLMENNA HOUSE, 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 POLMENNA HOUSE). 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 POLMENNA HOUSE?

POLMENNA HOUSE is located on PENPOL in DEVORAN, in the TR3 postcode district. The below map shows the position of POLMENNA HOUSE on PENPOL.