Imofolio

Cornwall · report

Renovation in Cornwall

In 2025, 16% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
16%

Homes finished in Cornwall, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
20251,810—3412,151
20242,122—3462,468
20232,169—4712,640
20222,239—3612,600
20212,215—4002,615
20202,566—4312,997
20192,342—6052,947
20182,712—6623,374
20172,566—4933,059
20162,035—5292,564
20152,228—4342,662
20141,681—3252,006
20131,931—3262,257

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Cornwall

Sale prices have an 80% chance of landing between £250,623 and £294,596 by August 2027.

Expected, August 2027
£272,609
Chance of a rise
45%

At the average sale price, a home costs £274,570. With 10% down and a 30-year mortgage, the payment is £1,267 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
22%
Payment, one income
43%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£995
Owning per month
£1,293

34.7% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,240
Per 1,000 residents
2.1

Figures for United Kingdom: Cornwall has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 3 times since 1995. The deepest began in November 2007.

Deepest fall
−17.1%
Recovery from the low
101 months

In 2025 the population grew by 2,481 while 1,510 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+2,481

8.3% of the 285,534 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
8.3%
Empty homes
23,630