8, COMMERCIAL HILL, PONSANOOTH, TRURO, TR3 7EP - £195,000

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

8 COMMERCIAL HILL is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £195,000 in April 2010, which was around 30% below the average April 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was D.

8 COMMERCIAL HILL Sold Prices

Land registry data shows two sales for 8 COMMERCIAL HILL 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. Both of the two 8 COMMERCIAL 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
2010 26 APR	£195,000	£278,768	30% below HPI
1999 16 DEC	£87,500	£103,327	15% below HPI

8 COMMERCIAL 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 two 8 COMMERCIAL HILL sales from December 1999 and April 2010 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 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2010 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 COMMERCIAL HILL?

8 COMMERCIAL HILL is 79m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Ponsanooth, based on EPC data. The below chart shows the distribution of detached houses by size in Ponsanooth, and where 8 COMMERCIAL HILL lies on this distribution: 16% of detached houses are smaller than 8 COMMERCIAL HILL, and 84% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

8 COMMERCIAL HILL: Plot and Title Map

8 COMMERCIAL HILL sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 8 COMMERCIAL 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 8 COMMERCIAL 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 8 COMMERCIAL HILL?

8 COMMERCIAL HILL is located in PONSANOOTH, in the TR3 postcode district. The below map shows the position of No. 8 on COMMERCIAL HILL.