GRACE COTTAGE, LOWER TERRACE, PONSANOOTH, TRURO, TR3 7ER - £240,000

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.

GRACE COTTAGE is a midsized extended detached house of 105m², built sometime before 1900, which could now be worth an estimated £482,058. It was last sold for £240,000 in July 2003, which was around 10% above the average July 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

GRACE COTTAGE Sold Prices

Land registry data shows two sales for GRACE COTTAGE 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 GRACE COTTAGE 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
2003 4 JUL	£240,000	£217,682	10% above HPI
1995 28 APR	£64,000	£71,525	11% below HPI

GRACE 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 two GRACE COTTAGE sales from April 1995 and July 2003 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 April 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2003 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might GRACE COTTAGE be worth now?

GRACE COTTAGE might now be worth an estimated £482,058.

This is based on house price inflation of 100.9%, between July 2003 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 100.9% inflationary increase is applied to the most recent sale price for GRACE COTTAGE of £240,000 on 4th July 2003. For the value to have increased from £240,000 to £482,058 over the 22 years and five months to February 2025, the following assumptions must hold true:

• The value of GRACE COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2003 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of GRACE COTTAGE has not materially changed since July 2003.

How Large is GRACE COTTAGE?

GRACE COTTAGE is 105m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 50% 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 GRACE COTTAGE lies on this distribution: 52% of detached houses houses are smaller than GRACE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

GRACE COTTAGE: Plot and Title Map

GRACE COTTAGE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of GRACE 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 GRACE 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 GRACE COTTAGE?

GRACE COTTAGE is located on LOWER TERRACE in PONSANOOTH, in the TR3 postcode district. The below map shows the position of GRACE COTTAGE on LOWER TERRACE.