THE OLD BARRACKS HOUSE, CHYANDOUR CLIFF, PENZANCE, TR18 3LH - £745,000

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 BARRACKS HOUSE is a midsized extended detached house of 113m², built sometime before 1900. It was last sold for £745,000 in January 2024, which was around 72% above the average January 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

THE OLD BARRACKS HOUSE Sold Prices

Land registry data shows two sales for THE OLD BARRACKS HOUSE 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. One of the two THE OLD BARRACKS HOUSE sales was for above the average price, whilst the other was 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
2024 3 JAN	£745,000	£433,343	72% above HPI
2016 23 DEC	£295,000	£307,260	4% below HPI

THE OLD BARRACKS HOUSE 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 OLD BARRACKS HOUSE sales from December 2016 and January 2024 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 December 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2024 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is THE OLD BARRACKS HOUSE?

THE OLD BARRACKS HOUSE is 113m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where THE OLD BARRACKS HOUSE lies on this distribution: 57% of detached houses are smaller than THE OLD BARRACKS HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Penzance.

THE OLD BARRACKS HOUSE: Plot and Title Map

THE OLD BARRACKS HOUSE sits on a plot of roughly 0.280 of an acre, or 1,132m². The below map shows the location of THE OLD BARRACKS HOUSE, 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 BARRACKS HOUSE). 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 BARRACKS HOUSE?

THE OLD BARRACKS HOUSE is located on CHYANDOUR CLIFF in PENZANCE, in the TR18 postcode district. The below map shows the position of THE OLD BARRACKS HOUSE on CHYANDOUR CLIFF.