12, ALEXANDRA GARDENS, PENZANCE, TR18 4SY - £360,000

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

12 ALEXANDRA GARDENS is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £360,000 in April 2024, which was around 15% below the average April 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was B.

12 ALEXANDRA GARDENS Sold Prices

Land registry data shows two sales for 12 ALEXANDRA GARDENS 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 12 ALEXANDRA GARDENS 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
2024 26 APR	£360,000	£425,513	15% below HPI
2000 12 MAY	£90,000	£109,141	18% below HPI

12 ALEXANDRA GARDENS 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 12 ALEXANDRA GARDENS sales from May 2000 and April 2024 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 ALEXANDRA GARDENS?

12 ALEXANDRA GARDENS is 72m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 12 ALEXANDRA GARDENS lies on this distribution: 13% of detached houses are smaller than 12 ALEXANDRA GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Penzance.

12 ALEXANDRA GARDENS: Plot and Title Map

12 ALEXANDRA GARDENS sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 12 ALEXANDRA GARDENS, 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 12 ALEXANDRA GARDENS). 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 12 ALEXANDRA GARDENS?

12 ALEXANDRA GARDENS is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 12 on ALEXANDRA GARDENS.