FERN STUDIO, ROSCARROCK HILL, PORT ISAAC, PL29 3RG - £270,000

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

FERN STUDIO is a very small extended detached house of 74m², built sometime before 1900. It was last sold for £270,000 in March 2016, which was around 12% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was A.

FERN STUDIO Sold Prices

Land registry data shows three sales for FERN STUDIO since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three FERN STUDIO 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
2016 17 MAR	£270,000	£307,330	12% below HPI
1999 23 AUG	£75,000	£98,105	24% below HPI
1995 17 FEB	£31,000	£70,180	56% below HPI

FERN STUDIO 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 three FERN STUDIO sales between February 1995 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 August 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is FERN STUDIO?

FERN STUDIO is 74m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Port Isaac, based on EPC data. The below chart shows the distribution of detached houses by size in Port Isaac, and where FERN STUDIO lies on this distribution: 8% of detached houses are smaller than FERN STUDIO, and 92% of houses are larger. Note that EPC data is not available for all properties in Port Isaac.

FERN STUDIO: Plot and Title Map

FERN STUDIO sits on a plot of roughly 0.010 of an acre, or 41m². The below map shows the location of FERN STUDIO, 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 FERN STUDIO). 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 FERN STUDIO?

FERN STUDIO is located on ROSCARROCK HILL in PORT ISAAC, in the PL29 postcode district. The below map shows the position of FERN STUDIO on ROSCARROCK HILL.