16, PROVIS ROAD, PENZANCE, TR18 4QQ - £490,000

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

16 PROVIS ROAD is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £490,000 in June 2023, which was around 12% above the average June 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

16 PROVIS ROAD Sold Prices

Land registry data shows two sales for 16 PROVIS ROAD 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 16 PROVIS ROAD sales 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
2023 21 JUN	£490,000	£436,400	12% above HPI
2019 3 OCT	£370,000	£342,324	8% above HPI

16 PROVIS ROAD 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 16 PROVIS ROAD sales from October 2019 and June 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 October 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 16 PROVIS ROAD?

16 PROVIS ROAD is 107m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 16 PROVIS ROAD lies on this distribution: 48% of detached houses are smaller than 16 PROVIS ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Penzance.

16 PROVIS ROAD: Plot and Title Map

16 PROVIS ROAD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 16 PROVIS ROAD, 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 16 PROVIS ROAD). 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 16 PROVIS ROAD?

16 PROVIS ROAD is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 16 on PROVIS ROAD.