WHEELHOUSE, FORE STREET, MOUSEHOLE, PENZANCE, TR19 6TQ - £350,000

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

WHEELHOUSE is a midsized detached house of 102m², built sometime before 1900. It was last sold for £350,000 in May 2021, which was around 7% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2011, where the current energy rating was G, and the potential energy rating was G.

WHEELHOUSE Sold Prices

Land registry data shows three sales for WHEELHOUSE 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. One of the three WHEELHOUSE sales was for below the average price, whilst two 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
2021 10 MAY	£350,000	£375,609	7% below HPI
2001 9 MAY	£157,000	£126,825	24% above HPI
1998 17 MAR	£93,500	£86,489	8% above HPI

WHEELHOUSE 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 WHEELHOUSE sales between March 1998 and May 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 May 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is WHEELHOUSE?

WHEELHOUSE is 102m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Mousehole, based on EPC data. The below chart shows the distribution of detached houses by size in Mousehole, and where WHEELHOUSE lies on this distribution: 52% of detached houses are smaller than WHEELHOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Mousehole.

WHEELHOUSE: Plot and Title Map

WHEELHOUSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of WHEELHOUSE, 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 WHEELHOUSE). 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 WHEELHOUSE?

WHEELHOUSE is located on FORE STREET in MOUSEHOLE, in the TR19 postcode district. The below map shows the position of WHEELHOUSE on FORE STREET.