THE CIDER BARN, TRESMARROW, LAUNCESTON, PL15 7EP - £395,000

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 CIDER BARN is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £395,000 in January 2021, which was around 5% above the average January 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

THE CIDER BARN Sold Prices

Land registry data shows two sales for THE CIDER BARN 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 CIDER BARN sales were for above 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 7 JAN	£395,000	£377,341	5% above HPI
1998 15 SEP	£102,500	£90,854	13% above HPI

THE CIDER 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 two THE CIDER BARN sales from September 1998 and January 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 September 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE CIDER BARN?

THE CIDER BARN is 132m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where THE CIDER BARN lies on this distribution: 64% of detached houses are smaller than THE CIDER BARN, and 35% of houses are larger. Note that EPC data is not available for all properties in Launceston.

THE CIDER BARN: Plot and Title Map

THE CIDER BARN sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of THE CIDER 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 CIDER 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 CIDER BARN?

THE CIDER BARN, TRESMARROW is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of THE CIDER BARN, TRESMARROW in LAUNCESTON.