THE BARN, LOWER TRESMARROW, LAUNCESTON, PL15 7EP - £440,000

THE BARN is a large extended detached house of 142m², built sometime before 1900. It was last sold for £440,000 in October 2020, which was around 21% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 BARN 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
2020 9 OCT	£440,000	£364,602	21% above HPI
2014 28 FEB	£367,500	£278,574	32% above HPI

THE BARN 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 BARN sales from February 2014 and October 2020 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 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is THE BARN?

THE BARN is 142m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Launceston, based on EPC data. The below chart shows the distribution of detached houses by size in Launceston, and where THE BARN lies on this distribution: 70% of detached houses are smaller than THE BARN, and 29% of houses are larger. Note that EPC data is not available for all properties in Launceston.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.422 of an acre, or 1,706m². The below map shows the location of THE BARN, 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 BARN). 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 BARN?

THE BARN, LOWER TRESMARROW is located in LAUNCESTON, in the PL15 postcode district. The below map shows the position of THE BARN, LOWER TRESMARROW in LAUNCESTON.