5, PARC AN GATE, MOUSEHOLE, PENZANCE, TR19 6TT - £395,000

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.

5 PARC AN GATE is a small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £427,180. It was last sold for £395,000 in December 2020, which was around 2% above the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was D.

5 PARC AN GATE Sold Prices

Land registry data shows two sales for 5 PARC AN GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 5 PARC AN GATE 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
2020 18 DEC	£395,000	£385,602	2% above HPI
2017 21 JUN	£330,000	£315,997	4% above HPI

5 PARC AN GATE 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 two 5 PARC AN GATE sales from June 2017 and December 2020 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 June 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 PARC AN GATE be worth now?

5 PARC AN GATE might now be worth an estimated £427,180.

This is based on house price inflation of 8.1%, between December 2020 and June 2025, for detached 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 8.1% inflationary increase is applied to the most recent sale price for 5 PARC AN GATE of £395,000 on 18th December 2020. For the value to have increased from £395,000 to £427,180 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 5 PARC AN GATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARC AN GATE has not materially changed since December 2020.

How Large is 5 PARC AN GATE?

5 PARC AN GATE is 68m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses houses in Mousehole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mousehole, and where 5 PARC AN GATE lies on this distribution: 20% of detached houses houses are smaller than 5 PARC AN GATE, and 78% of houses are larger. Note that EPC data is not available for all properties in Mousehole.

5 PARC AN GATE: Plot and Title Map

5 PARC AN GATE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 5 PARC AN GATE, 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 5 PARC AN GATE). 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 5 PARC AN GATE?

5 PARC AN GATE is located in MOUSEHOLE, in the TR19 postcode district. The below map shows the position of No. 5 on PARC AN GATE.