Penzance house prices are built from 21,495 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 22 Jun 2026. The median price paid across the whole record is £163,000. Across the 10 years from 2016 to 2026 the median moved +40.0% in cash — but once inflation is taken out, the change in 2026 money is +0.3%.
Median price paid
£163,000
Change in cash, 2016–2026
+40.0%
Change in real terms
+0.3%
Median per m²
£2,097
HM Land Registry21,495 sales1,890 with floor areaLatest sale 22 Jun 2026
Section 01
How Penzance prices moved
The chart tracks the median Penzance house price for every year with a recorded sale, from 1995 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £54,000 | £119,906 |
| 2000s | 10 | £168,000 | £306,047 |
| 2010s | 10 | £189,975 | £267,865 |
| 2020s | 7 | £280,000 | £286,087 |
The highest yearly median on record for Penzance is £291,000 in 2022; the lowest is £45,500 in 1995. Across the full 32-year record the cash median has moved from £45,500 to £280,000.
In 2026 money that first median is worth £101,031, so the real change over the whole record is +177.1% — about +3.34% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +40.0% in cash against +0.3% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 5 St Marys Street | 22 Jun 2026 | Terraced | £287,500 | £287,500 |
| 1 Bosorne Close | 19 Jun 2026 | Detached | £335,000 | £335,000 |
| 32 Bay View Terrace | 19 Jun 2026 | Terraced | £318,000 | £318,000 |
| 19 Fore Street | 18 Jun 2026 | Terraced | £215,000 | £215,000 |
| 1 SOUTH COTTAGES Relubbus Lane | 16 Jun 2026 | Semi-detached | £70,000 | £70,000 |
| 20 St Clare Street | 12 Jun 2026 | Terraced | £292,500 | £292,500 |
| 53 Belgravia Street | 12 Jun 2026 | Terraced | £245,000 | £245,000 |
| 2 Rose Terrace | 12 Jun 2026 | Terraced | £191,000 | £191,000 |
| 13 OLD COURT Kenegie Manor | 11 Jun 2026 | Semi-detached | £57,000 | £57,000 |
| 1 Chyandaunce Terrace | 10 Jun 2026 | Terraced | £340,000 | £340,000 |
| 9 Cross Street | 10 Jun 2026 | Terraced | £180,000 | £180,000 |
| 11 Parc An Peath | 5 Jun 2026 | Detached | £695,000 | £695,000 |
| 22 Fore Street | 4 Jun 2026 | Detached | £290,000 | £290,000 |
| 8 Treneere Road | 2 Jun 2026 | Terraced | £400,000 | £400,000 |
| 8 High Street | 2 Jun 2026 | Terraced | £280,000 | £280,000 |
| BLUE YONDER Trewelloe Road | 1 Jun 2026 | Detached | £700,000 | £700,000 |
| CHYNOWETH Chywoone Grove | 29 May 2026 | Detached | £400,000 | £400,000 |
| 10 Higher Peverell Road | 29 May 2026 | Terraced | £266,000 | £266,000 |
| MYRTLE COTTAGE St Peters Hill | 28 May 2026 | Detached | £760,000 | £760,000 |
| 6 Bullock Market Terrace | 27 May 2026 | Terraced | £220,000 | £220,000 |
| 19 Wesley Street | 22 May 2026 | Terraced | £180,000 | £180,000 |
| 24 PENROSE COURT Chyandour Cliff | 20 May 2026 | Flat or maisonette | £355,000 | £355,000 |
| 20 Penlee Manor Drive | 20 May 2026 | Flat or maisonette | £250,000 | £250,000 |
| 13 Lower Peverell Road | 19 May 2026 | Semi-detached | £250,000 | £250,000 |
| 7 the Square | 18 May 2026 | Terraced | £360,000 | £360,000 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Penzance values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 5 St Marys Street | £41,000 (1996) | £287,500 (2026) | +6.7% | +4.0% |
| 1 Bosorne Close | £66,750 (1998) | £335,000 (2026) | +5.9% | +3.2% |
| 32 Bay View Terrace | £188,000 (2004) | £318,000 (2026) | +2.4% | -0.4% |
| 19 Fore Street | £131,000 (2005) | £215,000 (2026) | +2.4% | -0.5% |
| 1 SOUTH COTTAGES Relubbus Lane | £130,000 (2008) | £70,000 (2026) | -3.4% | -6.1% |
| 20 St Clare Street | £59,950 (1999) | £292,500 (2026) | +6.0% | +3.3% |
| 53 Belgravia Street | £192,000 (2010) | £245,000 (2026) | +1.5% | -1.4% |
| 2 Rose Terrace | £132,000 (2009) | £191,000 (2026) | +2.2% | -0.7% |
| 13 OLD COURT Kenegie Manor | £42,000 (2025) | £57,000 (2026) | +35.7% | +32.8% |
| 9 Cross Street | £24,250 (1996) | £180,000 (2026) | +6.9% | +4.2% |
| 1 Chyandaunce Terrace | £166,000 (2022) | £340,000 (2026) | +19.6% | +15.3% |
| 11 Parc An Peath | £725,000 (2023) | £695,000 (2026) | -1.4% | -3.9% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Penzance is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Terraced | 9,531 | 44.3% | £145,000 | £3,000 – £1,650,000 |
| Detached | 6,026 | 28.0% | £249,000 | £9,000 – £2,050,000 |
| Semi-detached | 3,572 | 16.6% | £170,000 | £5,000 – £865,000 |
| Flat or maisonette | 2,366 | 11.0% | £125,000 | £6,650 – £850,000 |
Section 05
How big homes are in Penzance
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 6,207 certificates cover Penzance, and their median floor area is 77 m².
The median across the whole register is 76 m², so homes here are about the same size than average — +1.3%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 77 m² | about 829 sq ft |
| Smaller quarter, up to | 57 m² | about 614 sq ft |
| Larger quarter, from | 102 m² | about 1,098 sq ft |
| Under 60 m² | 28.7% | 1,780 homes |
| 150 m² and over | 9.4% | 585 homes |
Section 06
Ownership and new build in Penzance
2,380 of the sales on record are leasehold and 19,115 freehold — 11.1% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £125,000 and the median freehold sale £169,950 — a gap of +36.0%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 2,380 | 11.1% | £125,000 |
| Freehold | 19,115 | 88.9% | £169,950 |
| New build | 871 | 4.1% | £159,950 |
| Existing home | 20,624 | 95.9% | £163,500 |
New builds sold for less than the median existing home — -2.2%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 1,338 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 09
How Penzance compares
The median across the whole archive is £157,500. Penzance sits above that national figure — +3.5%.
Where an EPC floor area could be matched to the sale, the median works out at £2,097 per square metre, across 1,890 of the 21,495 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £3,000 to £2,050,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Section 10
Nearby on the record
Streets in Penzance
- Fore Street346 sales
- Chapel Street246 sales
- Morrab Road148 sales
- St James Street140 sales
- Caldwells Road137 sales
- Chyandour Cliff137 sales
- Alexandra Road133 sales
- Richmond Street130 sales
- High Street125 sales
- Belgravia Street121 sales
- Tremaine Close114 sales
- Adelaide Street113 sales
- Talveneth111 sales
- Daniel Place104 sales
- Gwel Lewern102 sales
- Pengersick Lane100 sales
- Kenegie Manor98 sales
- Rosevean Road98 sales
- East Terrace97 sales
- Heabrook Parc97 sales
- Queen Street94 sales
- Bay View Terrace92 sales
- Penlee Street90 sales
- Cape Cornwall Street88 sales
- Leskinnick Terrace87 sales
- Tredarvah Road86 sales
- Manor Way85 sales
- Collygree Parc84 sales
- New Street83 sales
- Carn Bosavern80 sales
- Trungle80 sales
- Godolphin Road78 sales
- Gwavas Street76 sales
- New Road76 sales
- Boscathnoe Way75 sales
- Princess Street75 sales
- Regent Terrace74 sales
- Sunny Corner Lane74 sales
- Lannoweth Road73 sales
- St Michaels Street71 sales
- Stennack Parc71 sales
- Bosorne Road70 sales
- Levant Road70 sales
- Pendarves Road70 sales
- Mount Street69 sales
- Trescoe Road68 sales
- Alverton Road67 sales
- Church Street67 sales
- Leskinnick Place67 sales
- Penare Road67 sales
- Jelbert Way66 sales
- St Petry66 sales
- New Town Lane65 sales
- Polmor Road65 sales
- St Dominic Street65 sales
- Tolver Road65 sales
- Gurnick Road64 sales
- Boscaswell Village63 sales
- Castle Drive63 sales
- Lariggan Crescent63 sales
Postcode districts covering Penzance
Quick answers
Common questions about this data
What is the average house price in Penzance?
The median price paid in Penzance across every sale on the register is £163,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Penzance?
21,495 sales are on record for Penzance, the most recent completing on 22 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Penzance house prices actually risen?
In cash, the median rose +40.0% between 2016 and 2026. In 2026 money — that is, after inflation — the change is +0.3%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Penzance house prices at their highest?
The highest yearly median on record is £291,000, set in 2022. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Penzance?
£2,097 per square metre, from the 1,890 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 22 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Penzance house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.