3, CASTLE HORNECK CLOSE, PENZANCE, TR18 4XB - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CASTLE HORNECK CLOSE is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £385,000 in November 2009, which was around 46% above the average November 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

3 CASTLE HORNECK CLOSE Sold Prices

Land registry data shows three sales for 3 CASTLE HORNECK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 3 CASTLE HORNECK CLOSE sales were for above the average price, whilst one 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
2009 5 NOV	£385,000	£263,996	46% above HPI
2003 6 JUN	£250,000	£210,608	19% above HPI
1997 24 JUN	£28,500	£79,490	64% below HPI

3 CASTLE HORNECK CLOSE 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 three 3 CASTLE HORNECK CLOSE sales between June 1997 and November 2009 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 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2009 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 3 CASTLE HORNECK CLOSE?

3 CASTLE HORNECK CLOSE is 160m² according to the EPC inspection conducted in July 2009. 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 3 CASTLE HORNECK CLOSE lies on this distribution: 83% of detached houses are smaller than 3 CASTLE HORNECK CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Penzance.

3 CASTLE HORNECK CLOSE: Plot and Title Map

3 CASTLE HORNECK CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 3 CASTLE HORNECK CLOSE, 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 3 CASTLE HORNECK CLOSE). 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 3 CASTLE HORNECK CLOSE?

3 CASTLE HORNECK CLOSE is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 3 on CASTLE HORNECK CLOSE.