ALVERTON COTTAGE, ALVERTON ROAD, PENZANCE, TR18 4TG - £682,500

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.

ALVERTON COTTAGE is a very large extended detached house of 472m², built sometime before 1900, which could now be worth an estimated £1,071,198. It was last sold for £682,500 in July 2013, which was around 145% above the average July 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

ALVERTON COTTAGE Sold Prices

Land registry data shows three sales for ALVERTON COTTAGE 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 ALVERTON COTTAGE sales were for above 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
2013 8 JUL	£682,500	£278,576	145% above HPI
2003 10 JAN	£451,000	£199,409	126% above HPI
1996 10 SEP	£195,000	£75,833	157% above HPI

ALVERTON COTTAGE 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 ALVERTON COTTAGE sales between September 1996 and July 2013 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 January 2003 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the July 2013 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

What might ALVERTON COTTAGE be worth now?

ALVERTON COTTAGE might now be worth an estimated £1,071,198.

This is based on house price inflation of 57%, between July 2013 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 57% inflationary increase is applied to the most recent sale price for ALVERTON COTTAGE of £682,500 on 8th July 2013. For the value to have increased from £682,500 to £1,071,198 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of ALVERTON COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2013 sale price of £682,500 represented a fair market value for the property.
• The size, condition, and specification of ALVERTON COTTAGE has not materially changed since July 2013.

How Large is ALVERTON COTTAGE?

ALVERTON COTTAGE is 472m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% 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 ALVERTON COTTAGE lies on this distribution: More than 99% of detached houses houses are smaller than ALVERTON COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Penzance.

ALVERTON COTTAGE: Plot and Title Map

ALVERTON COTTAGE sits on a plot of roughly 0.501 of an acre, or 2,028m². The below map shows the location of ALVERTON COTTAGE, 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 ALVERTON COTTAGE). 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 ALVERTON COTTAGE?

ALVERTON COTTAGE is located on ALVERTON ROAD in PENZANCE, in the TR18 postcode district. The below map shows the position of ALVERTON COTTAGE on ALVERTON ROAD.