2, THE PALMS, HELSTON ROAD, ROSUDGEON, PENZANCE, TR20 9AJ - £330,000

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 THE PALMS is a large detached house of 137m², built sometime from 2012 onwards. It was last sold for £330,000 in May 2019, which was about the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE PALMS Sold Prices

Land registry data shows two sales for 2 THE PALMS 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 THE PALMS sales was roughly equal to 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
2019 1 MAY	£330,000	£329,130	Close to HPI
2007 13 JUN	£132,500	£286,937	54% below HPI

2 THE PALMS 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 THE PALMS sales from June 2007 and May 2019 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 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 THE PALMS?

2 THE PALMS is 137m² according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Rosudgeon, based on EPC data. The below chart shows the distribution of detached houses by size in Rosudgeon, and where 2 THE PALMS lies on this distribution: 62% of detached houses are smaller than 2 THE PALMS, and 38% of houses are larger. Note that EPC data is not available for all properties in Rosudgeon.

2 THE PALMS: Plot and Title Map

2 THE PALMS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 THE PALMS, 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 THE PALMS). 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 THE PALMS?

2 THE PALMS is located on HELSTON ROAD in ROSUDGEON, in the TR20 postcode district. The below map shows the position of 2 THE PALMS on HELSTON ROAD.