PENNYSCHOOL, COMMERCIAL HILL, PONSANOOTH, TRURO, TR3 7EP - £235,000

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

PENNYSCHOOL is a very small extended detached house of 78m², built sometime before 1900. It was last sold for £235,000 in December 2013, which was around 15% below the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

PENNYSCHOOL Sold Prices

Land registry data shows three sales for PENNYSCHOOL 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 PENNYSCHOOL 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
2013 3 DEC	£235,000	£275,187	15% below HPI
2002 5 APR	£110,000	£150,782	27% below HPI
2000 30 JUN	£78,500	£111,422	30% below HPI

PENNYSCHOOL 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 PENNYSCHOOL sales between June 2000 and December 2013 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is PENNYSCHOOL?

PENNYSCHOOL is 78m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Ponsanooth, based on EPC data. The below chart shows the distribution of detached houses by size in Ponsanooth, and where PENNYSCHOOL lies on this distribution: 12% of detached houses are smaller than PENNYSCHOOL, and 87% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

PENNYSCHOOL: Plot and Title Map

PENNYSCHOOL sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of PENNYSCHOOL, 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 PENNYSCHOOL). 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 PENNYSCHOOL?

PENNYSCHOOL is located on COMMERCIAL HILL in PONSANOOTH, in the TR3 postcode district. The below map shows the position of PENNYSCHOOL on COMMERCIAL HILL.