THE OLD PRIMARY SCHOOL, CHURCH HILL, LUDGVAN, PENZANCE, TR20 8EU - £795,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE OLD PRIMARY SCHOOL is a very large extended detached house of 249m², built sometime before 1900, which could now be worth an estimated £883,095. It was last sold for £795,000 in June 2021, which was around 102% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was D.

THE OLD PRIMARY SCHOOL Sold Prices

Land registry data shows two sales for THE OLD PRIMARY SCHOOL 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 OLD PRIMARY SCHOOL 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 14 JUN	£795,000	£393,614	102% above HPI
2000 6 JUL	£187,000	£116,510	61% above HPI

THE OLD PRIMARY SCHOOL 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 PRIMARY SCHOOL sales from July 2000 and June 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 July 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2021 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might THE OLD PRIMARY SCHOOL be worth now?

THE OLD PRIMARY SCHOOL might now be worth an estimated £883,095.

This is based on house price inflation of 11.1%, between June 2021 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for THE OLD PRIMARY SCHOOL of £795,000 on 14th June 2021. For the value to have increased from £795,000 to £883,095 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE OLD PRIMARY SCHOOL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2021 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD PRIMARY SCHOOL has not materially changed since June 2021.

How Large is THE OLD PRIMARY SCHOOL?

THE OLD PRIMARY SCHOOL is 249m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Crowlas, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crowlas, and where THE OLD PRIMARY SCHOOL lies on this distribution: 98% of detached houses houses are smaller than THE OLD PRIMARY SCHOOL, and 2% of houses are larger. Note that EPC data is not available for all properties in Crowlas.

THE OLD PRIMARY SCHOOL: Plot and Title Map

THE OLD PRIMARY SCHOOL sits on a plot of roughly 0.469 of an acre, or 1,899m². The below map shows the location of THE OLD PRIMARY SCHOOL, 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 PRIMARY SCHOOL). 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 PRIMARY SCHOOL?

THE OLD PRIMARY SCHOOL is located on CHURCH HILL in LUDGVAN, in the TR20 postcode district. The below map shows the position of THE OLD PRIMARY SCHOOL on CHURCH HILL.