TREDARVAH FARM, ALVERTON ROAD, PENZANCE, TR18 4TB - £320,000

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.

TREDARVAH FARM is a large extended detached house of 146m², built sometime before 1900, which could now be worth an estimated £507,906. It was last sold for £320,000 in November 2008, which was around 16% above the average November 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

TREDARVAH FARM Sold Prices

Land registry data shows two sales for TREDARVAH FARM 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 TREDARVAH FARM 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
2008 17 NOV	£320,000	£275,472	16% above HPI
2003 24 JUL	£245,000	£217,682	13% above HPI

TREDARVAH FARM 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 TREDARVAH FARM sales from July 2003 and November 2008 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 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2008 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might TREDARVAH FARM be worth now?

TREDARVAH FARM might now be worth an estimated £507,906.

This is based on house price inflation of 58.7%, between November 2008 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 58.7% inflationary increase is applied to the most recent sale price for TREDARVAH FARM of £320,000 on 17th November 2008. For the value to have increased from £320,000 to £507,906 over the seventeen years and nine months to February 2025, the following assumptions must hold true:

• The value of TREDARVAH FARM has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2008 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of TREDARVAH FARM has not materially changed since November 2008.

How Large is TREDARVAH FARM?

TREDARVAH FARM is 146m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penzance, and where TREDARVAH FARM lies on this distribution: 77% of detached houses houses are smaller than TREDARVAH FARM, and 22% of houses are larger. Note that EPC data is not available for all properties in Penzance.

TREDARVAH FARM: Plot and Title Map

TREDARVAH FARM sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of TREDARVAH FARM, 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 TREDARVAH FARM). 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 TREDARVAH FARM?

TREDARVAH FARM is located on ALVERTON ROAD in PENZANCE, in the TR18 postcode district. The below map shows the position of TREDARVAH FARM on ALVERTON ROAD.