GRIBBEN, CLIFF RISE, POLRUAN, FOWEY, PL23 1QQ - £375,000

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

GRIBBEN is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £375,000 in September 2023, which was around 16% below the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

GRIBBEN Sold Prices

Land registry data shows three sales for GRIBBEN 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 GRIBBEN 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
2023 20 SEP	£375,000	£444,914	16% below HPI
2007 17 MAY	£270,000	£286,298	6% below HPI
1997 30 JUL	£70,000	£80,895	13% below HPI

GRIBBEN 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 GRIBBEN sales between July 1997 and September 2023 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 May 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is GRIBBEN?

GRIBBEN is 58m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Polruan, based on EPC data. The below chart shows the distribution of detached houses by size in Polruan, and where GRIBBEN lies on this distribution: 4% of detached houses are smaller than GRIBBEN, and 96% of houses are larger. Note that EPC data is not available for all properties in Polruan.

GRIBBEN: Plot and Title Map

GRIBBEN sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of GRIBBEN, 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 GRIBBEN). 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 GRIBBEN?

GRIBBEN is located on CLIFF RISE in POLRUAN, in the PL23 postcode district. The below map shows the position of GRIBBEN on CLIFF RISE.