BELMONT, OLD PAUL HILL, NEWLYN, PENZANCE, TR18 5BS - £475,000

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

BELMONT is a very large extended semi-detached house of 190m², built sometime between 1900 and 1929. It was last sold for £475,000 in February 2021, which was around 25% above the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

BELMONT Sold Prices

Land registry data shows four sales for BELMONT 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. The four BELMONT sales were a mix of above the average price, and roughly equal to 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 23 FEB	£475,000	£378,711	25% above HPI
2011 1 SEP	£345,000	£274,568	26% above HPI
2004 5 MAR	£260,000	£231,214	12% above HPI
2000 28 MAR	£105,000	£105,185	Close to HPI

BELMONT 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 BELMONT sales between March 2000 and February 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 September 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is BELMONT?

BELMONT is 190m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where BELMONT lies on this distribution: 92% of detached houses are smaller than BELMONT, and 8% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

BELMONT: Plot and Title Map

BELMONT sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of BELMONT, 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 BELMONT). 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 BELMONT?

BELMONT is located on OLD PAUL HILL in NEWLYN, in the TR18 postcode district. The below map shows the position of BELMONT on OLD PAUL HILL.