TREPENCIS, SCHOOL LANE, MARAZION, TR17 0DG - £420,000

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

TREPENCIS is a small extended detached house of 99m², built sometime before 1900. It was last sold for £420,000 in January 2021, which was around 11% above the average January 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2020, where the current energy rating was F, and the potential energy rating was B.

TREPENCIS Sold Prices

Land registry data shows two sales for TREPENCIS 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. One of the two TREPENCIS sales was for above the average price, whilst the other was 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 29 JAN	£420,000	£377,341	11% above HPI
1995 7 DEC	£64,000	£70,878	10% below HPI

TREPENCIS 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 TREPENCIS sales from December 1995 and January 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 December 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is TREPENCIS?

TREPENCIS is 99m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Market Jew, based on EPC data. The below chart shows the distribution of detached houses by size in Market Jew, and where TREPENCIS lies on this distribution: 26% of detached houses are smaller than TREPENCIS, and 74% of houses are larger. Note that EPC data is not available for all properties in Market Jew.

TREPENCIS: Plot and Title Map

TREPENCIS sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of TREPENCIS, 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 TREPENCIS). 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 TREPENCIS?

TREPENCIS is located on SCHOOL LANE in MARAZION, in the TR17 postcode district. The below map shows the position of TREPENCIS on SCHOOL LANE.