BAYVIEW COTTAGE, BRITONS HILL, PENZANCE, TR18 3AF - £250,000

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

BAYVIEW COTTAGE is a midsized extended detached house of 101m², built sometime between 1900 and 1929. It was last sold for £250,000 in February 2008, which was around 16% below the average February 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

BAYVIEW COTTAGE Sold Prices

Land registry data shows four sales for BAYVIEW COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four BAYVIEW COTTAGE 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
2008 1 FEB	£250,000	£296,771	16% below HPI
2005 29 JUN	£270,000	£258,643	4% above HPI
2002 24 MAY	£82,000	£154,610	47% below HPI
2001 12 JAN	£47,000	£118,375	60% below HPI

BAYVIEW 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 four BAYVIEW COTTAGE sales between January 2001 and February 2008 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 June 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2008 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is BAYVIEW COTTAGE?

BAYVIEW COTTAGE is 101m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where BAYVIEW COTTAGE lies on this distribution: 42% of detached houses are smaller than BAYVIEW COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Penzance.

BAYVIEW COTTAGE: Plot and Title Map

BAYVIEW COTTAGE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of BAYVIEW 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 BAYVIEW 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 BAYVIEW COTTAGE?

BAYVIEW COTTAGE is located on BRITONS HILL in PENZANCE, in the TR18 postcode district. The below map shows the position of BAYVIEW COTTAGE on BRITONS HILL.