BOSALVERNE, ALVERTON ROAD, PENZANCE, TR18 4TQ - £630,000

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.

BOSALVERNE is a very large extended detached house of 264m², built sometime between 1900 and 1929, which could now be worth an estimated £975,651. It was last sold for £630,000 in February 2011, which was around 123% above the average February 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.

BOSALVERNE Sold Prices

Land registry data shows three sales for BOSALVERNE 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 BOSALVERNE 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
2011 23 FEB	£630,000	£282,330	123% above HPI
2005 28 FEB	£500,000	£259,038	93% above HPI
1995 21 DEC	£162,000	£71,995	125% above HPI

BOSALVERNE 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 BOSALVERNE sales between December 1995 and February 2011 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 2005 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the February 2011 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might BOSALVERNE be worth now?

BOSALVERNE might now be worth an estimated £975,651.

This is based on house price inflation of 54.9%, between February 2011 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 54.9% inflationary increase is applied to the most recent sale price for BOSALVERNE of £630,000 on 23rd February 2011. For the value to have increased from £630,000 to £975,651 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of BOSALVERNE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2011 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of BOSALVERNE has not materially changed since February 2011.

How Large is BOSALVERNE?

BOSALVERNE is 264m², which includes one extension, according to the EPC inspection conducted in April 2009. 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 BOSALVERNE lies on this distribution: 96% of detached houses houses are smaller than BOSALVERNE, and 4% of houses are larger. Note that EPC data is not available for all properties in Penzance.

BOSALVERNE: Plot and Title Map

BOSALVERNE sits on a plot of roughly 0.350 of an acre, or 1,416m². The below map shows the location of BOSALVERNE, 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 BOSALVERNE). 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 BOSALVERNE?

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