THE OLD CLUB, ALEXANDRA ROAD, PENZANCE, TR18 4LX - £485,000

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

THE OLD CLUB is a very large extended detached house of 362m², built sometime before 1900. It was last sold for £485,000 in February 2020, which was around 43% above the average February 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

THE OLD CLUB Sold Prices

Land registry data shows two sales for THE OLD CLUB 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 THE OLD CLUB 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 14 FEB	£485,000	£339,150	43% above HPI
2007 25 JAN	£575,000	£282,511	104% above HPI

THE OLD CLUB 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 THE OLD CLUB sales from January 2007 and February 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 January 2007 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the February 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is THE OLD CLUB?

THE OLD CLUB is 362m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 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 THE OLD CLUB lies on this distribution: 99% of detached houses are smaller than THE OLD CLUB, and 1% of houses are larger. Note that EPC data is not available for all properties in Penzance.

THE OLD CLUB: Plot and Title Map

THE OLD CLUB sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of THE OLD CLUB, 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 THE OLD CLUB). 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 THE OLD CLUB?

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