4, BLOOM FIELDS, TREDARVAH, PENZANCE, TR18 4JY - £212,000

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

4 BLOOM FIELDS is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £212,000 in March 2017, which was around 32% below the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

4 BLOOM FIELDS Sold Prices

Land registry data shows three sales for 4 BLOOM FIELDS 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 4 BLOOM FIELDS 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 27 MAR	£212,000	£309,696	32% below HPI
2012 7 JUN	£205,000	£278,020	26% below HPI
1999 29 JAN	£72,000	£91,704	21% below HPI

4 BLOOM FIELDS 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 4 BLOOM FIELDS sales between January 1999 and March 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 June 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 BLOOM FIELDS?

4 BLOOM FIELDS is 73m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 4 BLOOM FIELDS lies on this distribution: 16% of detached houses are smaller than 4 BLOOM FIELDS, and 84% of houses are larger. Note that EPC data is not available for all properties in Penzance.

4 BLOOM FIELDS: Plot and Title Map

4 BLOOM FIELDS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 4 BLOOM FIELDS, 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 4 BLOOM FIELDS). 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 4 BLOOM FIELDS?

4 BLOOM FIELDS is located in TREDARVAH, in the TR18 postcode district. The below map shows the position of No. 4 on BLOOM FIELDS.