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
8 SYLVERTON PLACE is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2021, which was around 12% below the average October 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 SYLVERTON PLACE since 1st 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 8 SYLVERTON PLACE 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 |
---|---|---|---|
2021 29 OCT | £350,000 | £397,885 | 12% below HPI |
2002 19 APR | £132,000 | £150,782 | 12% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 8 SYLVERTON PLACE sales from April 2002 and October 2021 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2021 sale, which was also at 12% below the HPI.
8 SYLVERTON PLACE is 79m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 8 SYLVERTON PLACE lies on this distribution: 21% of detached houses are smaller than 8 SYLVERTON PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Penzance.
8 SYLVERTON PLACE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 SYLVERTON PLACE, 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 8 SYLVERTON PLACE). 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.
8 SYLVERTON PLACE is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 8 on SYLVERTON PLACE.