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

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 TREVENA CLOSE is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £635,000 in March 2023, which was around 42% 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	£446,796	42% above HPI
2015 21 AUG	£415,000	£298,951	39% above HPI
1999 20 OCT	£110,000	£100,316	10% 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

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 in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 4 TREVENA CLOSE lies on this distribution: 90% of detached 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.