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

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

GRACE COTTAGE is a midsized extended detached house of 105m², built sometime before 1900. It was last sold for £240,000 in July 2003, which was around 12% 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	£214,306	12% above HPI
1995 28 APR	£64,000	£70,415	9% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2003 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

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 in Ponsanooth, based on EPC data. The below chart shows the distribution of detached houses by size in Ponsanooth, and where GRACE COTTAGE lies on this distribution: 52% of detached 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.