23, WESLEY STREET, HEAMOOR, PENZANCE, TR18 3EW - £115,000

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.

23 WESLEY STREET is a very small extended terraced house of 62m², built sometime before 1900, which could now be worth an estimated £164,064. It was last sold for £115,000 in June 2015, which was around 30% below the average June 2015 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

23 WESLEY STREET Sold Prices

Land registry data shows four sales for 23 WESLEY STREET 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. All of the four 23 WESLEY STREET 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
2015 18 JUN	£115,000	£163,127	30% below HPI
2003 15 DEC	£65,000	£115,910	44% below HPI
2001 23 AUG	£55,000	£65,212	16% below HPI
1998 30 APR	£34,500	£43,714	21% below HPI

23 WESLEY STREET 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 23 WESLEY STREET sales between April 1998 and June 2015 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 December 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 23 WESLEY STREET be worth now?

23 WESLEY STREET might now be worth an estimated £164,064.

This is based on house price inflation of 42.7%, between June 2015 and July 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 42.7% inflationary increase is applied to the most recent sale price for 23 WESLEY STREET of £115,000 on 18th June 2015. For the value to have increased from £115,000 to £164,064 over the nine years and eleven months to July 2025, the following assumptions must hold true:

• The value of 23 WESLEY STREET has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2015 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 23 WESLEY STREET has not materially changed since June 2015.

How Large is 23 WESLEY STREET?

23 WESLEY STREET is 62m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 23 WESLEY STREET lies on this distribution: 4% of terraced houses houses are smaller than 23 WESLEY STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Penzance.

23 WESLEY STREET: Plot and Title Map

23 WESLEY STREET sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 23 WESLEY STREET, 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 23 WESLEY STREET). 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 23 WESLEY STREET?

23 WESLEY STREET is located in HEAMOOR, in the TR18 postcode district. The below map shows the position of No. 23 on WESLEY STREET.