THE OLD BAKERY, PENGELLY, DELABOLE, PL33 9AW - £295,000

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 OLD BAKERY is a large extended detached house of 127m², built sometime before 1900. It was last sold for £295,000 in April 2021, which was around 22% below the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was A.

THE OLD BAKERY Sold Prices

Land registry data shows three sales for THE OLD BAKERY 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. All of the three THE OLD BAKERY 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
2021 28 APR	£295,000	£376,698	22% below HPI
2015 18 SEP	£187,000	£303,080	38% below HPI
2003 12 DEC	£157,000	£223,843	30% below HPI

THE OLD BAKERY 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 OLD BAKERY sales between December 2003 and April 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 127m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Delabole, based on EPC data. The below chart shows the distribution of detached houses by size in Delabole, and where THE OLD BAKERY lies on this distribution: 75% of detached houses are smaller than THE OLD BAKERY, and 24% of houses are larger. Note that EPC data is not available for all properties in Delabole.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of THE OLD BAKERY, 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 OLD BAKERY). 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 OLD BAKERY?

THE OLD BAKERY is located on PENGELLY in DELABOLE, in the PL33 postcode district. The below map shows the position of THE OLD BAKERY on PENGELLY.