THE BARN, PROBUS, TRURO, TR2 4JS - £377,500

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 BARN is a midsized extended detached house of 104m², built sometime before 1900, which could now be worth an estimated £599,171. It was last sold for £377,500 in November 2008, which was around 37% above the average November 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 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
2008 28 NOV	£377,500	£275,472	37% above HPI
2007 10 AUG	£400,000	£298,261	34% above HPI
2002 24 JUL	£245,000	£167,868	46% 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 three THE BARN sales between July 2002 and November 2008 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 August 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2008 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £599,171.

This is based on house price inflation of 58.7%, between November 2008 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 58.7% inflationary increase is applied to the most recent sale price for THE BARN of £377,500 on 28th November 2008. For the value to have increased from £377,500 to £599,171 over the seventeen years and nine months to February 2025, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2008 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since November 2008.

How Large is THE BARN?

THE BARN is 104m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Probus, based on EPC data. The below chart shows the distribution of detached houses houses by size in Probus, and where THE BARN lies on this distribution: 56% of detached houses houses are smaller than THE BARN, and 43% of houses are larger. Note that EPC data is not available for all properties in Probus.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.238 of an acre, or 964m². 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 is located in PROBUS, in the TR2 postcode district. The below map shows the position of THE BARN in PROBUS.