24, TREDARVAH ROAD, PENZANCE, TR18 4LD - £235,000

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

24 TREDARVAH ROAD is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £235,000 in July 2019, which was around 30% below the average July 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

24 TREDARVAH ROAD Sold Prices

Land registry data shows four sales for 24 TREDARVAH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 24 TREDARVAH ROAD sales were 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 17 JUL	£235,000	£337,063	30% below HPI
2007 26 APR	£225,000	£283,992	21% below HPI
2001 14 SEP	£140,000	£136,925	2% above HPI
1998 6 FEB	£55,000	£85,995	36% below HPI

24 TREDARVAH 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 four 24 TREDARVAH ROAD sales between February 1998 and July 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 April 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 TREDARVAH ROAD?

24 TREDARVAH ROAD is 96m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 24 TREDARVAH ROAD lies on this distribution: 36% of detached houses are smaller than 24 TREDARVAH ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Penzance.

24 TREDARVAH ROAD: Plot and Title Map

24 TREDARVAH ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 24 TREDARVAH 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 24 TREDARVAH 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 24 TREDARVAH ROAD?

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