BARN OWL COTTAGE, CHAPEL HILL, PONSANOOTH, TRURO, TR3 7ET - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BARN OWL COTTAGE is a small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £396,862. It was last sold for £350,000 in December 2020, which was around 9% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

BARN OWL COTTAGE Sold Prices

Land registry data shows four sales for BARN OWL COTTAGE 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. All of the four BARN OWL COTTAGE 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
2020 11 DEC	£350,000	£385,602	9% below HPI
2014 22 AUG	£248,000	£287,764	14% below HPI
2012 1 NOV	£240,000	£273,354	12% below HPI
2001 28 SEP	£75,000	£139,082	46% below HPI

BARN OWL 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 four BARN OWL COTTAGE sales between September 2001 and December 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 August 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might BARN OWL COTTAGE be worth now?

BARN OWL COTTAGE might now be worth an estimated £396,862.

This is based on house price inflation of 13.4%, between December 2020 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for BARN OWL COTTAGE of £350,000 on 11th December 2020. For the value to have increased from £350,000 to £396,862 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of BARN OWL COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of BARN OWL COTTAGE has not materially changed since December 2020.

How Large is BARN OWL COTTAGE?

BARN OWL COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses houses in Ponsanooth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponsanooth, and where BARN OWL COTTAGE lies on this distribution: 30% of detached houses houses are smaller than BARN OWL COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

BARN OWL COTTAGE: Plot and Title Map

BARN OWL COTTAGE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of BARN OWL 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 OWL 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 OWL COTTAGE?

BARN OWL COTTAGE is located on CHAPEL HILL in PONSANOOTH, in the TR3 postcode district. The below map shows the position of BARN OWL COTTAGE on CHAPEL HILL.