3, THE BOWJEY HILL, NEWLYN, PENZANCE, TR18 5LP - £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 THE BOWJEY HILL is a midsized extended detached house of 111m², built sometime before 1900. It was last sold for £295,000 in January 2017, which was around 4% below the average January 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

3 THE BOWJEY HILL Sold Prices

Land registry data shows four sales for 3 THE BOWJEY HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 3 THE BOWJEY HILL 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
2017 27 JAN	£295,000	£307,685	4% below HPI
2002 20 SEP	£180,000	£175,013	3% above HPI
2002 22 JAN	£70,000	£144,481	52% below HPI
1996 25 OCT	£40,000	£75,369	47% below HPI

3 THE BOWJEY HILL 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 four 3 THE BOWJEY HILL sales between October 1996 and January 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 September 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 THE BOWJEY HILL?

3 THE BOWJEY HILL is 111m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 3 THE BOWJEY HILL lies on this distribution: 58% of detached houses are smaller than 3 THE BOWJEY HILL, and 41% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

3 THE BOWJEY HILL: Plot and Title Map

3 THE BOWJEY HILL sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 3 THE BOWJEY HILL, 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 THE BOWJEY HILL). 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 THE BOWJEY HILL?

3 THE BOWJEY HILL is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 3 on THE BOWJEY HILL.