THE BARN, PARC AN GATE, MOUSEHOLE, PENZANCE, TR19 6TT - £387,000

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

THE BARN is a very small extended detached house of 57m², built sometime before 1900, which could now be worth an estimated £481,031. It was last sold for £387,000 in July 2020, which was around 10% above the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN 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. Two of the three THE BARN sales were for above the average price, whilst one was 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
2020 22 JUL	£387,000	£351,762	10% above HPI
2017 22 SEP	£330,000	£326,936	1% above HPI
2008 25 NOV	£242,500	£275,472	12% below HPI

THE BARN 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 THE BARN sales between November 2008 and July 2020 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 September 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £481,031.

This is based on house price inflation of 24.3%, between July 2020 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 24.3% inflationary increase is applied to the most recent sale price for THE BARN of £387,000 on 22nd July 2020. For the value to have increased from £387,000 to £481,031 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2020 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since July 2020.

How Large is THE BARN?

THE BARN is 57m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses houses in Mousehole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mousehole, and where THE BARN lies on this distribution: 7% of detached houses houses are smaller than THE BARN, and 93% of houses are larger. Note that EPC data is not available for all properties in Mousehole.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on PARC AN GATE in MOUSEHOLE, in the TR19 postcode district. The below map shows the position of THE BARN on PARC AN GATE.