14, CREEPING LANE, PENZANCE, TR18 4PB - £325,000

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

14 CREEPING LANE is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £325,000 in August 2013, which was around 18% above the average August 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

14 CREEPING LANE Sold Prices

Land registry data shows two sales for 14 CREEPING LANE 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 14 CREEPING LANE sales was for above the average price, whilst the other was roughly equal to 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
2013 19 AUG	£325,000	£276,259	18% above HPI
2000 1 DEC	£120,000	£120,548	Close to HPI

14 CREEPING LANE 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 14 CREEPING LANE sales from December 2000 and August 2013 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 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2013 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 14 CREEPING LANE?

14 CREEPING LANE is 83m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 14 CREEPING LANE lies on this distribution: 24% of detached houses are smaller than 14 CREEPING LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Penzance.

14 CREEPING LANE: Plot and Title Map

14 CREEPING LANE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 14 CREEPING LANE, 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 14 CREEPING LANE). 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 14 CREEPING LANE?

14 CREEPING LANE is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 14 on CREEPING LANE.