53, ADELAIDE STREET, PENZANCE, TR18 2ER - £163,000

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.

53 ADELAIDE STREET is a very small extended terraced house of 57m², built sometime before 1900, which could now be worth an estimated £176,919. It was last sold for £163,000 in May 2021, which was around 21% below the average May 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

53 ADELAIDE STREET Sold Prices

Land registry data shows four sales for 53 ADELAIDE 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 53 ADELAIDE 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
2021 17 MAY	£163,000	£206,895	21% below HPI
2013 24 JUL	£120,000	£153,409	22% below HPI
2001 17 MAY	£59,250	£62,792	6% below HPI
1998 31 JUL	£40,500	£45,411	11% below HPI

53 ADELAIDE 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 53 ADELAIDE STREET sales between July 1998 and May 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 July 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 53 ADELAIDE STREET be worth now?

53 ADELAIDE STREET might now be worth an estimated £176,919.

This is based on house price inflation of 8.5%, between May 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 8.5% inflationary increase is applied to the most recent sale price for 53 ADELAIDE STREET of £163,000 on 17th May 2021. For the value to have increased from £163,000 to £176,919 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 53 ADELAIDE STREET has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The May 2021 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 53 ADELAIDE STREET has not materially changed since May 2021.

How Large is 53 ADELAIDE STREET?

53 ADELAIDE STREET is 57m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 53 ADELAIDE STREET lies on this distribution: 2% of terraced houses houses are smaller than 53 ADELAIDE STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Penzance.

53 ADELAIDE STREET: Plot and Title Map

53 ADELAIDE STREET sits on a plot of roughly 0.015 of an acre, or 61m². The below map shows the location of 53 ADELAIDE 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 53 ADELAIDE 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 53 ADELAIDE STREET?

53 ADELAIDE STREET is located in PENZANCE, in the TR18 postcode district. The below map shows the position of No. 53 on ADELAIDE STREET.