83, THE ROPEWALK, PENZANCE, TR18 4QH - £367,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

83 THE ROPEWALK is a very large extended detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £465,063. It was last sold for £367,000 in August 2019, which was around 6% above the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

83 THE ROPEWALK Sold Prices

Land registry data shows two sales for 83 THE ROPEWALK 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 83 THE ROPEWALK 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
2019 21 AUG	£367,000	£345,037	6% above HPI
1998 4 SEP	£89,000	£92,285	4% below HPI

83 THE ROPEWALK 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 83 THE ROPEWALK sales from September 1998 and August 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 September 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 83 THE ROPEWALK be worth now?

83 THE ROPEWALK might now be worth an estimated £465,063.

This is based on house price inflation of 26.7%, between August 2019 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for 83 THE ROPEWALK of £367,000 on 21st August 2019. For the value to have increased from £367,000 to £465,063 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 83 THE ROPEWALK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2019 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 83 THE ROPEWALK has not materially changed since August 2019.

How Large is 83 THE ROPEWALK?

83 THE ROPEWALK is 160m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penzance, and where 83 THE ROPEWALK lies on this distribution: 83% of detached houses houses are smaller than 83 THE ROPEWALK, and 17% of houses are larger. Note that EPC data is not available for all properties in Penzance.

83 THE ROPEWALK: Plot and Title Map

83 THE ROPEWALK sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 83 THE ROPEWALK, 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 83 THE ROPEWALK). 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 83 THE ROPEWALK?

83 THE ROPEWALK is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 83 on THE ROPEWALK.