THE COACH HOUSE, REDINNICK, PENZANCE, TR18 4JA - £340,000

THE COACH HOUSE is a small extended detached house of 91m², built sometime before 1900. It was last sold for £340,000 in March 2021, which was around 10% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

THE COACH HOUSE Sold Prices

Land registry data shows three sales for THE COACH HOUSE 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. Two of the three THE COACH HOUSE sales were for below the average price, whilst one was 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
2021 15 MAR	£340,000	£375,921	10% below HPI
2007 16 MAY	£297,500	£286,298	4% above HPI
2000 15 MAR	£57,000	£105,185	46% below HPI

THE COACH HOUSE 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 THE COACH HOUSE sales between March 2000 and March 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 May 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE COACH HOUSE?

THE COACH HOUSE is 91m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where THE COACH HOUSE lies on this distribution: 32% of detached houses are smaller than THE COACH HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Penzance.

THE COACH HOUSE: Plot and Title Map

THE COACH HOUSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of THE COACH HOUSE, 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 THE COACH HOUSE). 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 THE COACH HOUSE?

THE COACH HOUSE is located on REDINNICK in PENZANCE, in the TR18 postcode district. The below map shows the position of THE COACH HOUSE on REDINNICK.