3, TRENEERE LANE, HEAMOOR, PENZANCE, TR18 3HS - £250,000

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 TRENEERE LANE is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2017, which was around 19% below the average May 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

3 TRENEERE LANE Sold Prices

Land registry data shows three sales for 3 TRENEERE LANE 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. All of the three 3 TRENEERE LANE 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 18 MAY	£250,000	£309,830	19% below HPI
1998 10 MAR	£79,000	£86,489	9% below HPI
1995 3 FEB	£61,000	£70,180	13% below HPI

3 TRENEERE LANE 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 TRENEERE LANE sales between February 1995 and May 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 March 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 TRENEERE LANE?

3 TRENEERE LANE is 84m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 3 TRENEERE LANE lies on this distribution: 25% of detached houses are smaller than 3 TRENEERE LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Penzance.

3 TRENEERE LANE: Plot and Title Map

3 TRENEERE LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 3 TRENEERE LANE, 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 TRENEERE LANE). 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 TRENEERE LANE?

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