HILL COTTAGE, ALEXANDRA ROAD, PENZANCE, TR18 4LZ - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HILL COTTAGE is a large detached house of 139m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2020, which was around 21% above the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was F, and the potential energy rating was B.

HILL COTTAGE Sold Prices

Land registry data shows two sales for HILL COTTAGE 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. Both of the two HILL COTTAGE 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
2020 23 NOV	£450,000	£371,513	21% above HPI
1999 30 NOV	£140,500	£101,894	38% above HPI

HILL 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 two HILL COTTAGE sales from November 1999 and November 2020 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 November 1999 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is HILL COTTAGE?

HILL COTTAGE is 139m² according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where HILL COTTAGE lies on this distribution: 72% of detached houses are smaller than HILL COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Penzance.

HILL COTTAGE: Plot and Title Map

HILL COTTAGE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of HILL 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 HILL 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 HILL COTTAGE?

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