18, REGENT SQUARE, PENZANCE, TR18 4BG - £555,000

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.

18 REGENT SQUARE is a large extended terraced house of 136m², built sometime before 1900, which could now be worth an estimated £597,028. It was last sold for £555,000 in September 2021, which was around 166% above the average September 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was F, and the potential energy rating was B.

18 REGENT SQUARE Sold Prices

Land registry data shows two sales for 18 REGENT SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 18 REGENT SQUARE 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
2021 29 SEP	£555,000	£208,754	166% above HPI
1999 27 JUL	£95,000	£48,602	95% above HPI

18 REGENT SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 18 REGENT SQUARE sales from July 1999 and September 2021 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 1999 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2021 sale, where it rises to 166% above the HPI. The line then continues to track at 166% above the HPI.

What might 18 REGENT SQUARE be worth now?

18 REGENT SQUARE might now be worth an estimated £597,028.

This is based on house price inflation of 7.6%, between September 2021 and June 2025, for terraced 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 7.6% inflationary increase is applied to the most recent sale price for 18 REGENT SQUARE of £555,000 on 29th September 2021. For the value to have increased from £555,000 to £597,028 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 18 REGENT SQUARE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2021 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 18 REGENT SQUARE has not materially changed since September 2021.

How Large is 18 REGENT SQUARE?

18 REGENT SQUARE is 136m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of terraced houses houses in Penzance, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Penzance, and where 18 REGENT SQUARE lies on this distribution: 71% of terraced houses houses are smaller than 18 REGENT SQUARE, and 29% of houses are larger. Note that EPC data is not available for all properties in Penzance.

18 REGENT SQUARE: Plot and Title Map

18 REGENT SQUARE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 18 REGENT SQUARE, 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 18 REGENT SQUARE). 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 18 REGENT SQUARE?

18 REGENT SQUARE is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 18 on REGENT SQUARE.