3, JUBILEE PLACE, PENDEEN, PENZANCE, TR19 7SH - £166,500

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.

3 JUBILEE PLACE is a very small semi-detached house of 37m², built sometime before 1900, which could now be worth an estimated £197,870. It was last sold for £166,500 in November 2020, which was around 31% below the average November 2020 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was A.

3 JUBILEE PLACE Sold Prices

Land registry data shows three sales for 3 JUBILEE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 3 JUBILEE PLACE 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 13 NOV	£166,500	£242,550	31% below HPI
2014 1 AUG	£137,000	£187,641	27% below HPI
2006 28 APR	£110,000	£178,056	38% below HPI

3 JUBILEE PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 3 JUBILEE PLACE sales between April 2006 and November 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 August 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 JUBILEE PLACE be worth now?

3 JUBILEE PLACE might now be worth an estimated £197,870.

This is based on house price inflation of 18.8%, between November 2020 and February 2025, for semi-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 18.8% inflationary increase is applied to the most recent sale price for 3 JUBILEE PLACE of £166,500 on 13th November 2020. For the value to have increased from £166,500 to £197,870 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 JUBILEE PLACE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The November 2020 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 3 JUBILEE PLACE has not materially changed since November 2020.

How Large is 3 JUBILEE PLACE?

3 JUBILEE PLACE is 37m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Pendeen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pendeen, and where 3 JUBILEE PLACE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 JUBILEE PLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pendeen.

3 JUBILEE PLACE: Plot and Title Map

3 JUBILEE PLACE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 3 JUBILEE PLACE, 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 JUBILEE PLACE). 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 JUBILEE PLACE?

3 JUBILEE PLACE is located in PENDEEN, in the TR19 postcode district. The below map shows the position of No. 3 on JUBILEE PLACE.