OWLPEN, POINT ROAD, POINT, TRURO, TR3 6NZ - £423,500

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.

OWLPEN is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £662,450. It was last sold for £423,500 in April 2012, which was around 52% above the average April 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

OWLPEN Sold Prices

Land registry data shows four sales for OWLPEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four OWLPEN sales were for above 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
2012 30 APR	£423,500	£279,519	52% above HPI
2007 1 MAR	£400,000	£288,836	38% above HPI
2001 15 OCT	£292,500	£141,977	106% above HPI
2001 7 FEB	£250,000	£121,169	106% above HPI

OWLPEN 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 four OWLPEN sales between February 2001 and April 2012 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 March 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2012 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might OWLPEN be worth now?

OWLPEN might now be worth an estimated £662,450.

This is based on house price inflation of 56.4%, between April 2012 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 56.4% inflationary increase is applied to the most recent sale price for OWLPEN of £423,500 on 30th April 2012. For the value to have increased from £423,500 to £662,450 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of OWLPEN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2012 sale price of £423,500 represented a fair market value for the property.
• The size, condition, and specification of OWLPEN has not materially changed since April 2012.

How Large is OWLPEN?

OWLPEN is 80m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Penpol, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penpol, and where OWLPEN lies on this distribution: 2% of detached houses houses are smaller than OWLPEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Penpol.

OWLPEN: Plot and Title Map

OWLPEN sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of OWLPEN, 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 OWLPEN). 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 OWLPEN?

OWLPEN is located on POINT ROAD in POINT, in the TR3 postcode district. The below map shows the position of OWLPEN on POINT ROAD.