18, LAREGAN HILL, PENZANCE, TR18 4NY - £820,000

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.

18 LAREGAN HILL is a very large extended detached house of 173m², built sometime between 1967 and 1975, which could now be worth an estimated £868,777. It was last sold for £820,000 in November 2021, which was around 99% above the average November 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

18 LAREGAN HILL Sold Prices

Land registry data shows three sales for 18 LAREGAN HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 18 LAREGAN HILL sales were for above the average price, whilst one 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
2021 29 NOV	£820,000	£412,683	99% above HPI
2011 2 JUN	£345,000	£268,820	28% above HPI
2006 19 OCT	£275,000	£283,571	3% below HPI

18 LAREGAN HILL 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 three 18 LAREGAN HILL sales between October 2006 and November 2021 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 2011 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2021 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 18 LAREGAN HILL be worth now?

18 LAREGAN HILL might now be worth an estimated £868,777.

This is based on house price inflation of 5.9%, between November 2021 and February 2025, for 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 5.9% inflationary increase is applied to the most recent sale price for 18 LAREGAN HILL of £820,000 on 29th November 2021. For the value to have increased from £820,000 to £868,777 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 LAREGAN HILL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2021 sale price of £820,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LAREGAN HILL has not materially changed since November 2021.

How Large is 18 LAREGAN HILL?

18 LAREGAN HILL is 173m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penzance, and where 18 LAREGAN HILL lies on this distribution: 88% of detached houses houses are smaller than 18 LAREGAN HILL, and 12% of houses are larger. Note that EPC data is not available for all properties in Penzance.

18 LAREGAN HILL: Plot and Title Map

18 LAREGAN HILL sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 18 LAREGAN HILL, 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 18 LAREGAN HILL). 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 18 LAREGAN HILL?

18 LAREGAN HILL is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 18 on LAREGAN HILL.