2, RIVERSIDE CLOSE, LUDGVAN, PENZANCE, TR20 8EF - £165,000

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.

2 RIVERSIDE CLOSE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £205,337. It was last sold for £165,000 in January 2019, which was around 9% below the average January 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 RIVERSIDE CLOSE Sold Prices

Land registry data shows four sales for 2 RIVERSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. One of the four 2 RIVERSIDE CLOSE sales was for below the average price, whilst two 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
2019 23 JAN	£165,000	£180,448	9% below HPI
2002 4 MAR	£83,000	£74,106	12% above HPI
1998 30 APR	£43,500	£43,714	Close to HPI
1996 2 AUG	£37,500	£37,309	1% above HPI

2 RIVERSIDE CLOSE 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 four 2 RIVERSIDE CLOSE sales between August 1996 and January 2019 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 March 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 RIVERSIDE CLOSE be worth now?

2 RIVERSIDE CLOSE might now be worth an estimated £205,337.

This is based on house price inflation of 24.4%, between January 2019 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 24.4% inflationary increase is applied to the most recent sale price for 2 RIVERSIDE CLOSE of £165,000 on 23rd January 2019. For the value to have increased from £165,000 to £205,337 over the five years and seven months to June 2025, the following assumptions must hold true:

• The value of 2 RIVERSIDE CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The January 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVERSIDE CLOSE has not materially changed since January 2019.

How Large is 2 RIVERSIDE CLOSE?

2 RIVERSIDE CLOSE is 60m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of terraced houses houses in Crowlas, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crowlas, and where 2 RIVERSIDE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 RIVERSIDE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Crowlas.

2 RIVERSIDE CLOSE: Plot and Title Map

2 RIVERSIDE CLOSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 2 RIVERSIDE CLOSE, 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 2 RIVERSIDE CLOSE). 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 2 RIVERSIDE CLOSE?

2 RIVERSIDE CLOSE is located in LUDGVAN, in the TR20 postcode district. The below map shows the position of No. 2 on RIVERSIDE CLOSE.