4, PENARWYN CRESCENT, PENZANCE, TR18 3JU - £280,000

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.

4 PENARWYN CRESCENT is a very small extended detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £357,940. It was last sold for £280,000 in January 2019, which was around 18% below the average January 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was B.

4 PENARWYN CRESCENT Sold Prices

Land registry data shows two sales for 4 PENARWYN 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 4 PENARWYN 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
2019 25 JAN	£280,000	£342,026	18% below HPI
2004 25 MAY	£189,950	£239,404	21% below HPI

4 PENARWYN 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 4 PENARWYN CRESCENT sales from May 2004 and January 2019 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 PENARWYN CRESCENT be worth now?

4 PENARWYN CRESCENT might now be worth an estimated £357,940.

This is based on house price inflation of 27.8%, between January 2019 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 27.8% inflationary increase is applied to the most recent sale price for 4 PENARWYN CRESCENT of £280,000 on 25th January 2019. For the value to have increased from £280,000 to £357,940 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 PENARWYN CRESCENT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENARWYN CRESCENT has not materially changed since January 2019.

How Large is 4 PENARWYN CRESCENT?

4 PENARWYN CRESCENT is 71m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% 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 4 PENARWYN CRESCENT lies on this distribution: 12% of detached houses houses are smaller than 4 PENARWYN CRESCENT, and 87% of houses are larger. Note that EPC data is not available for all properties in Penzance.

4 PENARWYN CRESCENT: Plot and Title Map

4 PENARWYN CRESCENT sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 4 PENARWYN 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 4 PENARWYN 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 4 PENARWYN CRESCENT?

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