WILLOWDENE, PENHALE ROAD, PENWITHICK, ST AUSTELL, PL26 8UP - £372,500

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

WILLOWDENE is a very large extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £372,500 in July 2023, which was around 15% below the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

WILLOWDENE Sold Prices

Land registry data shows four sales for WILLOWDENE 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. All of the four WILLOWDENE sales 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 27 JUL	£372,500	£438,307	15% below HPI
2007 5 JAN	£217,500	£282,511	23% below HPI
2004 19 JUL	£192,000	£248,122	23% below HPI
1999 15 OCT	£65,000	£100,316	35% below HPI

WILLOWDENE 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 WILLOWDENE sales between October 1999 and July 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 January 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is WILLOWDENE?

WILLOWDENE is 140m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Penwithick, based on EPC data. The below chart shows the distribution of detached houses by size in Penwithick, and where WILLOWDENE lies on this distribution: 91% of detached houses are smaller than WILLOWDENE, and 9% of houses are larger. Note that EPC data is not available for all properties in Penwithick.

WILLOWDENE: Plot and Title Map

WILLOWDENE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of WILLOWDENE, 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 WILLOWDENE). 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 WILLOWDENE?

WILLOWDENE is located on PENHALE ROAD in PENWITHICK, in the PL26 postcode district. The below map shows the position of WILLOWDENE on PENHALE ROAD.