COOMBE LODGE, CHYANDOUR COOMBE, PENZANCE, TR18 3LP - £460,000

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

COOMBE LODGE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £460,000 in August 2023, which was around 4% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

COOMBE LODGE Sold Prices

Land registry data shows four sales for COOMBE LODGE 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 COOMBE LODGE 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
2023 11 AUG	£460,000	£443,993	4% above HPI
2017 11 AUG	£250,000	£316,709	21% below HPI
2011 30 SEP	£200,000	£274,568	27% below HPI
1996 11 JUL	£59,000	£71,408	17% below HPI

COOMBE LODGE 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 COOMBE LODGE sales between July 1996 and August 2023 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 August 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is COOMBE LODGE?

COOMBE LODGE is 66m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where COOMBE LODGE lies on this distribution: 7% of detached houses are smaller than COOMBE LODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Penzance.

COOMBE LODGE: Plot and Title Map

COOMBE LODGE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of COOMBE LODGE, 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 COOMBE LODGE). 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 COOMBE LODGE?

COOMBE LODGE is located on CHYANDOUR COOMBE in PENZANCE, in the TR18 postcode district. The below map shows the position of COOMBE LODGE on CHYANDOUR COOMBE.