THE BUNGALOW, HORIZON FARM, TREMAR, LISKEARD, PL14 6EA - £750,000

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 BUNGALOW is a very large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £750,000 in March 2021, which was around 100% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was D.

THE BUNGALOW Sold Prices

Land registry data shows four sales for THE BUNGALOW 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. two of the four THE BUNGALOW sales were for above the average price, and four 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
2021 18 MAR	£750,000	£375,921	100% above HPI
2019 21 FEB	£750,000	£334,777	124% above HPI
2001 7 FEB	£75,000	£119,290	37% below HPI
1995 5 JUL	£60,000	£70,171	14% below HPI

THE BUNGALOW 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 THE BUNGALOW sales between July 1995 and March 2021 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 February 2019 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the March 2021 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 125m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses in Tremar, based on EPC data. The below chart shows the distribution of detached houses by size in Tremar, and where THE BUNGALOW lies on this distribution: 80% of detached houses are smaller than THE BUNGALOW, and 18% of houses are larger. Note that EPC data is not available for all properties in Tremar.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of THE BUNGALOW, 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 BUNGALOW). 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 BUNGALOW?

THE BUNGALOW, HORIZON FARM is located in TREMAR, in the PL14 postcode district. The below map shows the position of THE BUNGALOW, HORIZON FARM in TREMAR.