16, HIGHER TERRACE, PONSANOOTH, TRURO, TR3 7EW - £140,000

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.

16 HIGHER TERRACE is a very small extended terraced house of 57m², built sometime before 1900, which could now be worth an estimated £188,068. It was last sold for £140,000 in December 2015, which was around 16% below the average December 2015 terraced price in the Cornwall local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

16 HIGHER TERRACE Sold Prices

Land registry data shows two sales for 16 HIGHER TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 16 HIGHER TERRACE 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
2015 11 DEC	£140,000	£167,167	16% below HPI
2001 9 JAN	£49,050	£57,989	15% below HPI

16 HIGHER TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 16 HIGHER TERRACE sales from January 2001 and December 2015 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 January 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 HIGHER TERRACE be worth now?

16 HIGHER TERRACE might now be worth an estimated £188,068.

This is based on house price inflation of 34.3%, between December 2015 and June 2025, for terraced 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 34.3% inflationary increase is applied to the most recent sale price for 16 HIGHER TERRACE of £140,000 on 11th December 2015. For the value to have increased from £140,000 to £188,068 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 16 HIGHER TERRACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HIGHER TERRACE has not materially changed since December 2015.

How Large is 16 HIGHER TERRACE?

16 HIGHER TERRACE is 57m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of terraced houses houses in Ponsanooth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ponsanooth, and where 16 HIGHER TERRACE lies on this distribution: 1% of terraced houses houses are smaller than 16 HIGHER TERRACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ponsanooth.

16 HIGHER TERRACE: Plot and Title Map

16 HIGHER TERRACE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 16 HIGHER TERRACE, 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 16 HIGHER TERRACE). 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 16 HIGHER TERRACE?

16 HIGHER TERRACE is located in PONSANOOTH, in the TR3 postcode district. The below map shows the position of No. 16 on HIGHER TERRACE.