4, TREVENA CLOSE, PENZANCE, TR18 4QG - £635,000

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 TREVENA CLOSE is a very large extended detached house of 193m², built sometime between 1950 and 1966, which could now be worth an estimated £611,768. It was last sold for £635,000 in March 2023, which was around 40% above the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

4 TREVENA CLOSE Sold Prices

Land registry data shows three sales for 4 TREVENA CLOSE 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 TREVENA CLOSE sales were for above 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
2023 21 MAR	£635,000	£453,835	40% above HPI
2015 21 AUG	£415,000	£303,660	37% above HPI
1999 20 OCT	£110,000	£101,896	8% above HPI

4 TREVENA CLOSE 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 TREVENA CLOSE sales between October 1999 and March 2023 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 August 2015 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 4 TREVENA CLOSE be worth now?

4 TREVENA CLOSE might now be worth an estimated £611,768.

This is based on house price deflation of 3.7%, between March 2023 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 3.7% deflationary decrease is applied to the most recent sale price for 4 TREVENA CLOSE of £635,000 on 21st March 2023. For the value to have decreased from £635,000 to £611,768 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 4 TREVENA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2023 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TREVENA CLOSE has not materially changed since March 2023.

How Large is 4 TREVENA CLOSE?

4 TREVENA CLOSE is 193m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 4 TREVENA CLOSE lies on this distribution: 90% of detached houses houses are smaller than 4 TREVENA CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Penzance.

4 TREVENA CLOSE: Plot and Title Map

4 TREVENA CLOSE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 4 TREVENA CLOSE, 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 TREVENA CLOSE). 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 TREVENA CLOSE?

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