BEACON HOUSE, BACK LANE, MARAZION, TR17 0HE - £330,000

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

BEACON HOUSE is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £330,000 in January 2009, which was around 30% above the average January 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2024, where the current energy rating was E, and the potential energy rating was B.

BEACON HOUSE Sold Prices

Land registry data shows two sales for BEACON HOUSE 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 BEACON HOUSE 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
2009 12 JAN	£330,000	£253,572	30% above HPI
2006 21 JUN	£245,000	£268,950	9% below HPI

BEACON HOUSE 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 BEACON HOUSE sales from June 2006 and January 2009 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2009 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is BEACON HOUSE?

BEACON HOUSE is 101m², which includes three extensions, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Market Jew, based on EPC data. The below chart shows the distribution of detached houses by size in Market Jew, and where BEACON HOUSE lies on this distribution: 31% of detached houses are smaller than BEACON HOUSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Market Jew.

BEACON HOUSE: Plot and Title Map

BEACON HOUSE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of BEACON HOUSE, 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 BEACON HOUSE). 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 BEACON HOUSE?

BEACON HOUSE is located on BACK LANE in MARAZION, in the TR17 postcode district. The below map shows the position of BEACON HOUSE on BACK LANE.