3, REENS CRESCENT, HEAMOOR, PENZANCE, TR18 3HW - £210,000

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

3 REENS CRESCENT is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £210,000 in September 2017, which was around 35% below the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was E.

3 REENS CRESCENT Sold Prices

Land registry data shows two sales for 3 REENS CRESCENT 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 3 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
2017 26 SEP	£210,000	£321,865	35% below HPI
2009 18 SEP	£175,000	£261,819	33% below HPI

3 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 two 3 REENS CRESCENT sales from September 2009 and September 2017 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 September 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 REENS CRESCENT?

3 REENS CRESCENT is 76m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 REENS CRESCENT lies on this distribution: 18% of detached houses are smaller than 3 REENS CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Penzance.

3 REENS CRESCENT: Plot and Title Map

3 REENS CRESCENT sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 3 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 3 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 3 REENS CRESCENT?

3 REENS CRESCENT is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 3 on REENS CRESCENT.