5, HIGHER TERRACE, PONSANOOTH, TRURO, TR3 7EW - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 HIGHER TERRACE is a large detached house of 125m², built sometime before 1900. It was last sold for £440,000 in May 2024, which was around 2% above the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

5 HIGHER TERRACE Sold Prices

Land registry data shows two sales for 5 HIGHER TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two 5 HIGHER TERRACE sales was for above the average price, whilst the other was 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
2024 23 MAY	£440,000	£429,983	2% above HPI
2020 4 DEC	£285,000	£379,621	25% below HPI

5 HIGHER TERRACE 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 two 5 HIGHER TERRACE sales from December 2020 and May 2024 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 December 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 HIGHER TERRACE?

5 HIGHER TERRACE is 125m² according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Ponsanooth, based on EPC data. The below chart shows the distribution of detached houses by size in Ponsanooth, and where 5 HIGHER TERRACE lies on this distribution: 67% of detached houses are smaller than 5 HIGHER TERRACE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

5 HIGHER TERRACE: Plot and Title Map

5 HIGHER TERRACE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 HIGHER TERRACE, 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 5 HIGHER TERRACE). 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 5 HIGHER TERRACE?

5 HIGHER TERRACE is located in PONSANOOTH, in the TR3 postcode district. The below map shows the position of No. 5 on HIGHER TERRACE.