GOONOWN, ALEXANDRA ROAD, PENZANCE, TR18 4LZ - £450,000

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

GOONOWN is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £450,000 in September 2022, which was about the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

GOONOWN Sold Prices

Land registry data shows two sales for GOONOWN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two GOONOWN sales was roughly equal to the average price, whilst the other was 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
2022 1 SEP	£450,000	£450,467	Close to HPI
2016 6 APR	£310,000	£306,066	1% above HPI

GOONOWN 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 two GOONOWN sales from April 2016 and September 2022 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 April 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is GOONOWN?

GOONOWN is 104m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 GOONOWN lies on this distribution: 44% of detached houses are smaller than GOONOWN, and 54% of houses are larger. Note that EPC data is not available for all properties in Penzance.

GOONOWN: Plot and Title Map

GOONOWN sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of GOONOWN, 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 GOONOWN). 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 GOONOWN?

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