CHAPEL RUINS, WEST STREET, POLRUAN, FOWEY, PL23 1PL - £315,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

CHAPEL RUINS is a small detached house of 96m², built sometime before 1900. It was last sold for £315,000 in November 2020, which was around 15% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was D.

CHAPEL RUINS Sold Prices

Land registry data shows two sales for CHAPEL RUINS 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 CHAPEL RUINS 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 NOV	£315,000	£371,513	15% below HPI
2002 24 OCT	£160,000	£180,565	11% below HPI

CHAPEL RUINS 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 CHAPEL RUINS sales from October 2002 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 October 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is CHAPEL RUINS?

CHAPEL RUINS is 96m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Polruan, based on EPC data. The below chart shows the distribution of detached houses by size in Polruan, and where CHAPEL RUINS lies on this distribution: 23% of detached houses are smaller than CHAPEL RUINS, and 77% of houses are larger. Note that EPC data is not available for all properties in Polruan.

CHAPEL RUINS: Plot and Title Map

CHAPEL RUINS sits on a plot of roughly 0.014 of an acre, or 58m². The below map shows the location of CHAPEL RUINS, 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 CHAPEL RUINS). 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 CHAPEL RUINS?

CHAPEL RUINS is located on WEST STREET in POLRUAN, in the PL23 postcode district. The below map shows the position of CHAPEL RUINS on WEST STREET.