2, POLWITHEN ROAD, PENZANCE, TR18 4JS - £487,500

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

2 POLWITHEN ROAD is a very large extended detached house of 189m², built sometime between 1900 and 1929. It was last sold for £487,500 in July 2014, which was around 73% above the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was D.

2 POLWITHEN ROAD Sold Prices

Land registry data shows two sales for 2 POLWITHEN 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. One of the two 2 POLWITHEN ROAD 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
2014 25 JUL	£487,500	£281,141	73% above HPI
2006 2 MAR	£225,000	£259,241	13% below HPI

2 POLWITHEN 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 2 POLWITHEN ROAD sales from March 2006 and July 2014 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 March 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2014 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 2 POLWITHEN ROAD?

2 POLWITHEN ROAD is 189m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 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 2 POLWITHEN ROAD lies on this distribution: 89% of detached houses are smaller than 2 POLWITHEN ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Penzance.

2 POLWITHEN ROAD: Plot and Title Map

2 POLWITHEN ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 2 POLWITHEN 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 2 POLWITHEN 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 2 POLWITHEN ROAD?

2 POLWITHEN ROAD is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 2 on POLWITHEN ROAD.