38, TREDARVAH ROAD, PENZANCE, TR18 4LB - £275,000

38 TREDARVAH ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £275,000 in June 2015, which was around 7% below the average June 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

38 TREDARVAH ROAD Sold Prices

Land registry data shows four sales for 38 TREDARVAH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 38 TREDARVAH ROAD 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 19 JUN	£275,000	£296,815	7% below HPI
2005 3 NOV	£249,950	£261,758	5% below HPI
1999 22 JUL	£85,000	£96,437	12% below HPI
1997 10 OCT	£83,500	£85,085	2% below HPI

38 TREDARVAH ROAD 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 four 38 TREDARVAH ROAD sales between October 1997 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 November 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 38 TREDARVAH ROAD?

38 TREDARVAH ROAD is 69m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where 38 TREDARVAH ROAD lies on this distribution: 10% of detached houses are smaller than 38 TREDARVAH ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Penzance.

38 TREDARVAH ROAD: Plot and Title Map

38 TREDARVAH ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 38 TREDARVAH ROAD, 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 38 TREDARVAH ROAD). 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 38 TREDARVAH ROAD?

38 TREDARVAH ROAD is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 38 on TREDARVAH ROAD.