6, REENS ROAD, HEAMOOR, PENZANCE, TR18 3HP - £264,000

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

6 REENS ROAD is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £264,000 in November 2019, which was around 23% below the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

6 REENS ROAD Sold Prices

Land registry data shows three sales for 6 REENS ROAD 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 6 REENS ROAD 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
2019 13 NOV	£264,000	£344,140	23% below HPI
2001 13 JUL	£94,950	£128,745	26% below HPI
1997 27 MAR	£57,000	£77,975	27% below HPI

6 REENS 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 three 6 REENS ROAD sales between March 1997 and November 2019 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 July 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 6 REENS ROAD?

6 REENS ROAD is 69m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 6 REENS ROAD lies on this distribution: 10% of detached houses are smaller than 6 REENS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Penzance.

6 REENS ROAD: Plot and Title Map

6 REENS ROAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 6 REENS 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 6 REENS 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 6 REENS ROAD?

6 REENS ROAD is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 6 on REENS ROAD.