4, MOUNT PLEASANT, PENZANCE, TR18 4QT - £300,000

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 MOUNT PLEASANT is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £300,000 in July 2022, which was around 31% below the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

4 MOUNT PLEASANT Sold Prices

Land registry data shows two sales for 4 MOUNT PLEASANT 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 4 MOUNT PLEASANT 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
2022 22 JUL	£300,000	£436,442	31% below HPI
1997 19 MAY	£47,000	£77,551	39% below HPI

4 MOUNT PLEASANT 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 4 MOUNT PLEASANT sales from May 1997 and July 2022 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 May 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 MOUNT PLEASANT?

4 MOUNT PLEASANT is 89m² according to the EPC inspection conducted in December 2021. 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 4 MOUNT PLEASANT lies on this distribution: 29% of detached houses are smaller than 4 MOUNT PLEASANT, and 69% of houses are larger. Note that EPC data is not available for all properties in Penzance.

4 MOUNT PLEASANT: Plot and Title Map

4 MOUNT PLEASANT sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 4 MOUNT PLEASANT, 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 MOUNT PLEASANT). 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 MOUNT PLEASANT?

4 MOUNT PLEASANT is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 4 on MOUNT PLEASANT.