5, PROVIS ROAD, PENZANCE, TR18 4QQ - £330,000

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

5 PROVIS ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £330,000 in August 2014, which was around 16% above the average August 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

5 PROVIS ROAD Sold Prices

Land registry data shows two sales for 5 PROVIS ROAD 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. One of the two 5 PROVIS ROAD sales was for above the average price, whilst the other was 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
2014 15 AUG	£330,000	£283,301	16% above HPI
2005 22 APR	£250,000	£253,505	1% below HPI

5 PROVIS ROAD 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 5 PROVIS ROAD sales from April 2005 and August 2014 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 April 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 PROVIS ROAD?

5 PROVIS ROAD is 112m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 5 PROVIS ROAD lies on this distribution: 55% of detached houses are smaller than 5 PROVIS ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Penzance.

5 PROVIS ROAD: Plot and Title Map

5 PROVIS ROAD sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 PROVIS ROAD, 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 5 PROVIS ROAD). 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 5 PROVIS ROAD?

5 PROVIS ROAD is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 5 on PROVIS ROAD.