20, THE ROPEWALK, PENZANCE, TR18 4QW - £200,000

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.

20 THE ROPEWALK is a small extended terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £216,587. It was last sold for £200,000 in April 2021, which was around 4% below the average April 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

20 THE ROPEWALK Sold Prices

Land registry data shows five sales for 20 THE ROPEWALK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Most of the five 20 THE ROPEWALK 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 15 APR	£200,000	£207,364	4% below HPI
2018 9 MAR	£182,500	£177,463	3% above HPI
2008 4 JAN	£175,000	£168,786	4% above HPI
2007 14 FEB	£169,000	£161,097	5% above HPI
2007 26 JAN	£165,950	£160,668	3% above HPI

20 THE ROPEWALK 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 five 20 THE ROPEWALK sales between January 2007 and April 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 March 2018 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 20 THE ROPEWALK be worth now?

20 THE ROPEWALK might now be worth an estimated £216,587.

This is based on house price inflation of 8.3%, between April 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 8.3% inflationary increase is applied to the most recent sale price for 20 THE ROPEWALK of £200,000 on 15th April 2021. For the value to have increased from £200,000 to £216,587 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 20 THE ROPEWALK has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The April 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE ROPEWALK has not materially changed since April 2021.

How Large is 20 THE ROPEWALK?

20 THE ROPEWALK is 88m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 20 THE ROPEWALK lies on this distribution: 28% of terraced houses houses are smaller than 20 THE ROPEWALK, and 71% of houses are larger. Note that EPC data is not available for all properties in Penzance.

20 THE ROPEWALK: Plot and Title Map

20 THE ROPEWALK sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 20 THE ROPEWALK, 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 20 THE ROPEWALK). 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 20 THE ROPEWALK?

20 THE ROPEWALK is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 20 on THE ROPEWALK.