3, OCEAN VIEW, POLRUAN, FOWEY, PL23 1QJ - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 OCEAN VIEW is a midsized detached house of 144m², built sometime between 1967 and 1975. It was last sold for £295,000 in December 2017, which was around 9% below the average December 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

3 OCEAN VIEW Sold Prices

Land registry data shows three sales for 3 OCEAN VIEW 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 3 OCEAN VIEW 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
2017 14 DEC	£295,000	£323,481	9% below HPI
2002 11 JUL	£285,000	£165,264	72% above HPI
1999 20 DEC	£95,000	£103,327	8% below HPI

3 OCEAN VIEW 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 3 OCEAN VIEW sales between December 1999 and December 2017 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 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 OCEAN VIEW?

3 OCEAN VIEW is 144m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Polruan, based on EPC data. The below chart shows the distribution of detached houses by size in Polruan, and where 3 OCEAN VIEW lies on this distribution: 58% of detached houses are smaller than 3 OCEAN VIEW, and 41% of houses are larger. Note that EPC data is not available for all properties in Polruan.

3 OCEAN VIEW: Plot and Title Map

3 OCEAN VIEW sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 3 OCEAN VIEW, 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 3 OCEAN VIEW). 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 3 OCEAN VIEW?

3 OCEAN VIEW is located in POLRUAN, in the PL23 postcode district. The below map shows the position of No. 3 on OCEAN VIEW.