OLD SCHOOL HOUSE, PAUL, PENZANCE, TR19 6UD - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OLD SCHOOL HOUSE is a large extended detached house of 137m², built sometime between 1983 and 1990, which could now be worth an estimated £418,915. It was last sold for £410,000 in May 2024, which was around 6% below the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for OLD SCHOOL HOUSE 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 OLD SCHOOL HOUSE 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
2024 17 MAY	£410,000	£434,554	6% below HPI
1998 30 JAN	£87,000	£87,811	1% below HPI

OLD SCHOOL HOUSE 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 OLD SCHOOL HOUSE sales from January 1998 and May 2024 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 January 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might OLD SCHOOL HOUSE be worth now?

OLD SCHOOL HOUSE might now be worth an estimated £418,915.

This is based on house price inflation of 2.2%, between May 2024 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for OLD SCHOOL HOUSE of £410,000 on 17th May 2024. For the value to have increased from £410,000 to £418,915 over the five months to December 2024, the following assumptions must hold true:

• The value of OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2024 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL HOUSE has not materially changed since May 2024.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 30% of detached houses houses in Paul, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paul, and where OLD SCHOOL HOUSE lies on this distribution: 76% of detached houses houses are smaller than OLD SCHOOL HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Paul.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located in PAUL, in the TR19 postcode district. The below map shows the position of OLD SCHOOL HOUSE in PAUL.