2, POLWYN CLOSE, HEAMOOR, PENZANCE, TR18 3LA - £300,000

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

2 POLWYN CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £300,000 in August 2015, which was about the average August 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 POLWYN CLOSE Sold Prices

Land registry data shows three sales for 2 POLWYN CLOSE 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. The three 2 POLWYN CLOSE sales were a mix of roughly equal to the average price, and 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
2015 7 AUG	£300,000	£298,951	Close to HPI
1997 27 AUG	£95,000	£83,288	14% above HPI
1995 30 JAN	£88,950	£69,151	29% above HPI

2 POLWYN CLOSE 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 2 POLWYN CLOSE sales between January 1995 and August 2015 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 August 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 POLWYN CLOSE?

2 POLWYN CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 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 2 POLWYN CLOSE lies on this distribution: 52% of detached houses are smaller than 2 POLWYN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Penzance.

2 POLWYN CLOSE: Plot and Title Map

2 POLWYN CLOSE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 2 POLWYN CLOSE, 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 POLWYN CLOSE). 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 POLWYN CLOSE?

2 POLWYN CLOSE is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 2 on POLWYN CLOSE.