Cornwood Parish Profile

Average property prices of £565,325 in 2022, increasing from £336,356 in 2021.
In Cornwood and Harford, 4.6% of homes are 1 bedroom properties, 22.5% are 2 bedrooms, 42.1% are 3 bedrooms, 30.8% are 4 or more (which is higher than the 21.1% average for England and Wales).

Average X bed rental prices of £925 per calendar month between 2020 and 2022 (median).
The average for a 2 bed property was £900 per month
The maximum Local Housing Allowance is £533.52 per month for a 2 bed property

Current stock (approximate): Live West - 28 rented accommodation.
Turnover of stock between Jan 2019 and Sept 2023 included 2 x 2 bed properties. - one bungalow and one house.
There were 49 bids on the bungalow and 83 on the house.

13 applicants registered with a local connection through residence
5 applicants registered with a local connection through immediate family connection.
The average income of households registered with Devon Home Choice with a local connection to Cornwood is £15,450 annually (median).

Cornwood Church of England Primary School provides for children aged 4 years until 11 years.
The number of children enrolled at the school has decreased in recent years and has failed to reach capacity.
Conversely, the percentage of children eligible for Free School Meals has increased during the same period. This is an indicator of income and affordability of essential provisions.

The following data encompasses Cornwood and Harford:

17.7% travel less than 10km to their work place. 37.3% work mainly from home.
55.1% of the parish population are economically active and in employment, 2.3%are unemployed. 42.6% are economically inactive compared to the average for Devon at 43.6%.
46.9% of households owns their home outright, compared to the 42.2% average for Devon and the 45% average for the South Hams. 28% own with mortgage or shared ownership, 8.5% social rent their properties, 16.7% private rent or live rent free.

Housing Needs Survey Results