29, REENS CRESCENT, HEAMOOR, PENZANCE, TR18 3HW - £295,000

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

29 REENS CRESCENT is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £295,000 in December 2020, which was around 22% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

29 REENS CRESCENT Sold Prices

Land registry data shows four sales for 29 REENS CRESCENT 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. All of the four 29 REENS CRESCENT 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
2020 22 DEC	£295,000	£379,621	22% below HPI
2008 4 JUL	£181,000	£282,318	36% below HPI
2008 24 JUN	£200,000	£286,262	30% below HPI
2000 18 AUG	£91,500	£117,982	22% below HPI

29 REENS CRESCENT 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 29 REENS CRESCENT sales between August 2000 and December 2020 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 July 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 29 REENS CRESCENT?

29 REENS CRESCENT is 85m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 29 REENS CRESCENT lies on this distribution: 25% of detached houses are smaller than 29 REENS CRESCENT, and 74% of houses are larger. Note that EPC data is not available for all properties in Penzance.

29 REENS CRESCENT: Plot and Title Map

29 REENS CRESCENT sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 29 REENS CRESCENT, 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 29 REENS CRESCENT). 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 29 REENS CRESCENT?

29 REENS CRESCENT is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 29 on REENS CRESCENT.