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

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

OWLPEN is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £423,500 in April 2012, which was around 54% 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	£275,183	54% above HPI
2007 1 MAR	£400,000	£284,357	41% above HPI
2001 15 OCT	£292,500	£139,774	109% above HPI
2001 7 FEB	£250,000	£119,290	110% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2012 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

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 in Penpol, based on EPC data. The below chart shows the distribution of detached houses by size in Penpol, and where OWLPEN lies on this distribution: 2% of detached 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.