TRADE WINDS, HELSTON ROAD, GERMOE, PENZANCE, TR20 9AA - £249,950

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

TRADE WINDS is a very large extended detached house of 189m², built sometime between 2003 and 2006. It was last sold for £249,950 in August 2006, which was around 8% below the average August 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

TRADE WINDS Sold Prices

Land registry data shows two sales for TRADE WINDS 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 TRADE WINDS 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
2006 9 AUG	£249,950	£271,309	8% below HPI
2005 20 MAY	£150,000	£257,330	42% below HPI

TRADE WINDS 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 TRADE WINDS sales from May 2005 and August 2006 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 May 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2006 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is TRADE WINDS?

TRADE WINDS is 189m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Germoe, based on EPC data. The below chart shows the distribution of detached houses by size in Germoe, and where TRADE WINDS lies on this distribution: 91% of detached houses are smaller than TRADE WINDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Germoe.

TRADE WINDS: Plot and Title Map

TRADE WINDS sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of TRADE WINDS, 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 TRADE WINDS). 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 TRADE WINDS?

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