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
9 MOUNTS BAY ROAD is a small semi-detached house of 85m², built sometime between 1950 and 1966. It was last sold for £180,000 in October 2009, which was around 31% below the average October 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 9 MOUNTS BAY ROAD 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 9 MOUNTS BAY 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 |
---|---|---|---|
2009 12 OCT | £180,000 | £260,752 | 31% below HPI |
2002 15 FEB | £69,950 | £146,301 | 52% 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 9 MOUNTS BAY ROAD sales from February 2002 and October 2009 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 February 2002 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2009 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
9 MOUNTS BAY ROAD is 85m² according to the EPC inspection conducted in March 2009. 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 9 MOUNTS BAY ROAD lies on this distribution: 26% of detached houses are smaller than 9 MOUNTS BAY ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Penzance.
9 MOUNTS BAY ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 9 MOUNTS BAY 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 9 MOUNTS BAY 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.
9 MOUNTS BAY ROAD is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 9 on MOUNTS BAY ROAD.