THORN BARN LODGE, HERITAGE CLOSE, LOWER BURRATON, SALTASH, PL12 4SX - £320,000

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

THORN BARN LODGE is a very small detached house of 72m², built sometime between 2007 and 2011. It was last sold for £320,000 in March 2024, which was around 26% below the average March 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

THORN BARN LODGE Sold Prices

Land registry data shows two sales for THORN BARN LODGE 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 THORN BARN LODGE 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
2024 12 MAR	£320,000	£431,051	26% below HPI
2012 20 FEB	£100,000	£273,603	63% below HPI

THORN BARN LODGE 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 THORN BARN LODGE sales from February 2012 and March 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 February 2012 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the March 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THORN BARN LODGE?

THORN BARN LODGE is 72m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where THORN BARN LODGE lies on this distribution: 9% of detached houses are smaller than THORN BARN LODGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Saltash.

THORN BARN LODGE: Plot and Title Map

THORN BARN LODGE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of THORN BARN LODGE, 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 THORN BARN LODGE). 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 THORN BARN LODGE?

THORN BARN LODGE is located on HERITAGE CLOSE in LOWER BURRATON, in the PL12 postcode district. The below map shows the position of THORN BARN LODGE on HERITAGE CLOSE.