1, THE PALMS, HELSTON ROAD, ROSUDGEON, PENZANCE, TR20 9AJ - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE PALMS is a large semi-detached house of 149m², which could now be worth an estimated £494,984. It was last sold for £500,000 in August 2022, which was around 72% above the average August 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

1 THE PALMS Sold Prices

Land registry data shows two sales for 1 THE PALMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. One of the two 1 THE PALMS 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
2022 1 AUG	£500,000	£291,170	72% above HPI
2007 13 JUN	£132,500	£194,481	32% below HPI

1 THE PALMS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 1 THE PALMS sales from June 2007 and August 2022 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 June 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 1 THE PALMS be worth now?

1 THE PALMS might now be worth an estimated £494,984.

This is based on house price deflation of 1%, between August 2022 and February 2025, for semi-detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 1 THE PALMS of £500,000 on 1st August 2022. For the value to have decreased from £500,000 to £494,984 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 THE PALMS has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PALMS has not materially changed since August 2022.

How Large is 1 THE PALMS?

1 THE PALMS is 149m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of semi-detached houses houses in Rosudgeon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rosudgeon, and where 1 THE PALMS lies on this distribution: 78% of semi-detached houses houses are smaller than 1 THE PALMS, and 22% of houses are larger. Note that EPC data is not available for all properties in Rosudgeon.

1 THE PALMS: Plot and Title Map

1 THE PALMS sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 THE PALMS, 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 1 THE PALMS). 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 1 THE PALMS?

1 THE PALMS is located on HELSTON ROAD in ROSUDGEON, in the TR20 postcode district. The below map shows the position of 1 THE PALMS on HELSTON ROAD.