4, POLMENNOR COTTAGES, HEAMOOR, PENZANCE, TR18 3JE - £149,000

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 POLMENNOR COTTAGES is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £149,000 in April 2011, which was around 45% below the average April 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

4 POLMENNOR COTTAGES Sold Prices

Land registry data shows two sales for 4 POLMENNOR COTTAGES 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 POLMENNOR COTTAGES 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
2011 15 APR	£149,000	£270,506	45% below HPI
2009 30 OCT	£125,950	£260,752	52% below HPI

4 POLMENNOR COTTAGES 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 POLMENNOR COTTAGES sales from October 2009 and April 2011 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 October 2009 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2011 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 4 POLMENNOR COTTAGES?

4 POLMENNOR COTTAGES is 76m², which includes one extension, according to the EPC inspection conducted in March 2010. 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 POLMENNOR COTTAGES lies on this distribution: 19% of detached houses are smaller than 4 POLMENNOR COTTAGES, and 81% of houses are larger. Note that EPC data is not available for all properties in Penzance.

4 POLMENNOR COTTAGES: Plot and Title Map

4 POLMENNOR COTTAGES sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 4 POLMENNOR COTTAGES, 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 POLMENNOR COTTAGES). 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 POLMENNOR COTTAGES?

4 POLMENNOR COTTAGES is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 4 on POLMENNOR COTTAGES.