30, MOUNT STREET, PENZANCE, TR18 2EU - £120,250

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.

30 MOUNT STREET is a very small extended detached house of 63m², built sometime before 1900, which could now be worth an estimated £148,390. It was last sold for £120,250 in August 2020, which was around 66% below the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

30 MOUNT STREET Sold Prices

Land registry data shows three sales for 30 MOUNT STREET 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 30 MOUNT STREET 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 14 AUG	£120,250	£354,316	66% below HPI
2020 13 MAR	£94,000	£348,096	73% below HPI
2006 30 NOV	£142,000	£286,027	50% below HPI

30 MOUNT STREET 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 30 MOUNT STREET sales between November 2006 and August 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 March 2020 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the August 2020 sale, where it rises to 66% below the HPI. The line then continues to track at 66% below the HPI.

What might 30 MOUNT STREET be worth now?

30 MOUNT STREET might now be worth an estimated £148,390.

This is based on house price inflation of 23.4%, between August 2020 and February 2025, for 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 23.4% inflationary increase is applied to the most recent sale price for 30 MOUNT STREET of £120,250 on 14th August 2020. For the value to have increased from £120,250 to £148,390 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 30 MOUNT STREET has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2020 sale price of £120,250 represented a fair market value for the property.
• The size, condition, and specification of 30 MOUNT STREET has not materially changed since August 2020.

How Large is 30 MOUNT STREET?

30 MOUNT STREET is 63m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penzance, and where 30 MOUNT STREET lies on this distribution: 4% of detached houses houses are smaller than 30 MOUNT STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Penzance.

30 MOUNT STREET: Plot and Title Map

30 MOUNT STREET sits on a plot of roughly 0.014 of an acre, or 58m². The below map shows the location of 30 MOUNT STREET, 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 30 MOUNT STREET). 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 30 MOUNT STREET?

30 MOUNT STREET is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 30 on MOUNT STREET.