CLARENCE COTTAGE, CLARENCE PLACE, PENZANCE, TR18 2QA - £590,000

CLARENCE COTTAGE is a very large extended detached house of 435m², built sometime before 1900. It was last sold for £590,000 in November 2015, which was around 92% above the average November 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

CLARENCE COTTAGE Sold Prices

Land registry data shows three sales for CLARENCE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three CLARENCE COTTAGE 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
2015 18 NOV	£590,000	£306,547	92% above HPI
2003 16 APR	£500,000	£201,318	148% above HPI
1999 5 JAN	£175,000	£91,704	91% above HPI

CLARENCE COTTAGE 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 three CLARENCE COTTAGE sales between January 1999 and November 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 April 2003 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the November 2015 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is CLARENCE COTTAGE?

CLARENCE COTTAGE is 435m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 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 CLARENCE COTTAGE lies on this distribution: More than 99% of detached houses are smaller than CLARENCE COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Penzance.

CLARENCE COTTAGE: Plot and Title Map

CLARENCE COTTAGE sits on a plot of roughly 0.356 of an acre, or 1,439m². The below map shows the location of CLARENCE COTTAGE, 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 CLARENCE COTTAGE). 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 CLARENCE COTTAGE?

CLARENCE COTTAGE is located on CLARENCE PLACE in PENZANCE, in the TR18 postcode district. The below map shows the position of CLARENCE COTTAGE on CLARENCE PLACE.