BARN COTTAGE, CORNISH CHOUGH, PORTH WAY, NEWQUAY, TR7 3LW - £460,000

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

BARN COTTAGE is a very small detached house of 81m², built sometime before 1900. It was last sold for £460,000 in November 2020, which was around 24% above the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

BARN COTTAGE Sold Prices

Land registry data shows two sales for BARN COTTAGE 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 BARN COTTAGE 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
2020 20 NOV	£460,000	£371,513	24% above HPI
2017 2 JUN	£300,000	£311,096	4% below HPI

BARN COTTAGE 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 BARN COTTAGE sales from June 2017 and November 2020 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 June 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is BARN COTTAGE?

BARN COTTAGE is 81m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where BARN COTTAGE lies on this distribution: 16% of detached houses are smaller than BARN COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Newquay.

BARN COTTAGE: Plot and Title Map

BARN COTTAGE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of BARN COTTAGE, 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 BARN COTTAGE). 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 BARN COTTAGE?

BARN COTTAGE, CORNISH CHOUGH is located on PORTH WAY in NEWQUAY, in the TR7 postcode district. The below map shows the position of BARN COTTAGE, CORNISH CHOUGH on PORTH WAY.