24, ALEXANDRA GARDENS, PENZANCE, TR18 4SY - £385,000

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.

24 ALEXANDRA GARDENS is a small extended detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £492,167. It was last sold for £385,000 in January 2019, which was around 13% above the average January 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

24 ALEXANDRA GARDENS Sold Prices

Land registry data shows two sales for 24 ALEXANDRA GARDENS 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 24 ALEXANDRA GARDENS 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
2019 21 JAN	£385,000	£342,026	13% above HPI
2012 5 NOV	£248,500	£273,354	9% below HPI

24 ALEXANDRA GARDENS 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 24 ALEXANDRA GARDENS sales from November 2012 and January 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 November 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 24 ALEXANDRA GARDENS be worth now?

24 ALEXANDRA GARDENS might now be worth an estimated £492,167.

This is based on house price inflation of 27.8%, between January 2019 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 27.8% inflationary increase is applied to the most recent sale price for 24 ALEXANDRA GARDENS of £385,000 on 21st January 2019. For the value to have increased from £385,000 to £492,167 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 24 ALEXANDRA GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ALEXANDRA GARDENS has not materially changed since January 2019.

How Large is 24 ALEXANDRA GARDENS?

24 ALEXANDRA GARDENS is 95m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% 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 24 ALEXANDRA GARDENS lies on this distribution: 35% of detached houses houses are smaller than 24 ALEXANDRA GARDENS, and 63% of houses are larger. Note that EPC data is not available for all properties in Penzance.

24 ALEXANDRA GARDENS: Plot and Title Map

24 ALEXANDRA GARDENS sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 24 ALEXANDRA GARDENS, 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 24 ALEXANDRA GARDENS). 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 24 ALEXANDRA GARDENS?

24 ALEXANDRA GARDENS is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 24 on ALEXANDRA GARDENS.