43, REENS CRESCENT, HEAMOOR, PENZANCE, TR18 3HW - £295,000

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

43 REENS CRESCENT is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £295,000 in April 2017, which was around 5% below the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

43 REENS CRESCENT Sold Prices

Land registry data shows two sales for 43 REENS 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 43 REENS 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
2017 21 APR	£295,000	£311,432	5% below HPI
2008 28 NOV	£175,000	£271,199	35% below HPI

43 REENS 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 43 REENS CRESCENT sales from November 2008 and April 2017 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 November 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 43 REENS CRESCENT?

43 REENS CRESCENT is 77m² according to the EPC inspection conducted in December 2016. 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 43 REENS CRESCENT lies on this distribution: 19% of detached houses are smaller than 43 REENS CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Penzance.

43 REENS CRESCENT: Plot and Title Map

43 REENS CRESCENT sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 43 REENS 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 43 REENS 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 43 REENS CRESCENT?

43 REENS CRESCENT is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 43 on REENS CRESCENT.