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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE BULL PENS is a small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £299,950 in June 2020, which was around 12% 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	£338,993	12% below HPI
2007 18 MAY	£196,500	£286,298	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Ruan Minor, based on EPC data. The below chart shows the distribution of detached houses by size in Ruan Minor, and where THE BULL PENS lies on this distribution: 39% of detached 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.