BOWOOD, PENPOL, DEVORAN, TRURO, TR3 6NS - £490,000

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

BOWOOD is a small extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £490,000 in March 2016, which was around 59% above the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

BOWOOD Sold Prices

Land registry data shows two sales for BOWOOD 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 BOWOOD sales were for above 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
2016 18 MAR	£490,000	£307,330	59% above HPI
2002 7 OCT	£275,000	£180,565	52% above HPI

BOWOOD 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 BOWOOD sales from October 2002 and March 2016 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 October 2002 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the March 2016 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is BOWOOD?

BOWOOD is 130m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Penpol, based on EPC data. The below chart shows the distribution of detached houses by size in Penpol, and where BOWOOD lies on this distribution: 31% of detached houses are smaller than BOWOOD, and 69% of houses are larger. Note that EPC data is not available for all properties in Penpol.

BOWOOD: Plot and Title Map

BOWOOD sits on a plot of roughly 0.296 of an acre, or 1,200m². The below map shows the location of BOWOOD, 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 BOWOOD). 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 BOWOOD?

BOWOOD is located on PENPOL in DEVORAN, in the TR3 postcode district. The below map shows the position of BOWOOD on PENPOL.