28, KINGS ROAD, PENZANCE, TR18 4LG - £595,000

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

28 KINGS ROAD is a very large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £595,000 in June 2022, which was around 37% above the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

28 KINGS ROAD Sold Prices

Land registry data shows two sales for 28 KINGS 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. Both of the two 28 KINGS ROAD sales were for 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
2022 30 JUN	£595,000	£434,242	37% above HPI
2017 8 NOV	£370,000	£323,772	14% above HPI

28 KINGS 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 28 KINGS ROAD sales from November 2017 and June 2022 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 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 28 KINGS ROAD?

28 KINGS ROAD is 165m², which includes two extensions, according to the EPC inspection conducted in April 2017. 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 28 KINGS ROAD lies on this distribution: 85% of detached houses are smaller than 28 KINGS ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Penzance.

28 KINGS ROAD: Plot and Title Map

28 KINGS ROAD sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 28 KINGS 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 28 KINGS 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 28 KINGS ROAD?

28 KINGS ROAD is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 28 on KINGS ROAD.