THE BULL PENS, RUAN MINOR, HELSTON, TR12 7JL - £299,950

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.

THE BULL PENS is a small extended detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £380,873. It was last sold for £299,950 in June 2020, which was around 13% below the average June 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

THE BULL PENS Sold Prices

Land registry data shows two sales for THE BULL PENS 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 THE BULL PENS 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
2020 26 JUN	£299,950	£344,334	13% below HPI
2007 18 MAY	£196,500	£290,808	32% below HPI

THE BULL PENS 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 THE BULL PENS sales from May 2007 and June 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 May 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might THE BULL PENS be worth now?

THE BULL PENS might now be worth an estimated £380,873.

This is based on house price inflation of 27%, between June 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 27% inflationary increase is applied to the most recent sale price for THE BULL PENS of £299,950 on 26th June 2020. For the value to have increased from £299,950 to £380,873 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of THE BULL PENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2020 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of THE BULL PENS has not materially changed since June 2020.

How Large is THE BULL PENS?

THE BULL PENS is 91m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Ruan Minor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruan Minor, and where THE BULL PENS lies on this distribution: 39% of detached houses houses are smaller than THE BULL PENS, and 56% of houses are larger. Note that EPC data is not available for all properties in Ruan Minor.

THE BULL PENS: Plot and Title Map

THE BULL PENS sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of THE BULL PENS, 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 BULL PENS). 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 BULL PENS?

THE BULL PENS is located in RUAN MINOR, in the TR12 postcode district. The below map shows the position of THE BULL PENS in RUAN MINOR.