SEA BREEZE, HELSTON ROAD, GERMOE, PENZANCE, TR20 9AA - £527,500

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.

SEA BREEZE is a very large detached house of 188m², which could now be worth an estimated £662,574. It was last sold for £527,500 in March 2020, which was around 52% above the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

SEA BREEZE Sold Prices

Land registry data shows two sales for SEA BREEZE 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 SEA BREEZE sales was for above the average price, whilst the other was 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
2020 20 MAR	£527,500	£348,096	52% above HPI
2019 9 JUL	£155,000	£342,374	55% below HPI

SEA BREEZE 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 SEA BREEZE sales from July 2019 and March 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 July 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2020 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might SEA BREEZE be worth now?

SEA BREEZE might now be worth an estimated £662,574.

This is based on house price inflation of 25.6%, between March 2020 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 25.6% inflationary increase is applied to the most recent sale price for SEA BREEZE of £527,500 on 20th March 2020. For the value to have increased from £527,500 to £662,574 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of SEA BREEZE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2020 sale price of £527,500 represented a fair market value for the property.
• The size, condition, and specification of SEA BREEZE has not materially changed since March 2020.

How Large is SEA BREEZE?

SEA BREEZE is 188m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in Germoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Germoe, and where SEA BREEZE lies on this distribution: 87% of detached houses houses are smaller than SEA BREEZE, and 13% of houses are larger. Note that EPC data is not available for all properties in Germoe.

SEA BREEZE: Plot and Title Map

SEA BREEZE sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of SEA BREEZE, 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 SEA BREEZE). 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 SEA BREEZE?

SEA BREEZE is located on HELSTON ROAD in GERMOE, in the TR20 postcode district. The below map shows the position of SEA BREEZE on HELSTON ROAD.