MILL COTTAGE, LADOCK, TRURO, TR2 4PG - £325,000

MILL COTTAGE is a very small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £325,000 in April 2019, which was around 2% below the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

MILL COTTAGE Sold Prices

Land registry data shows two sales for MILL COTTAGE 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 MILL COTTAGE 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
2019 18 APR	£325,000	£331,321	2% below HPI
2006 13 OCT	£275,000	£279,173	1% below HPI

MILL COTTAGE 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 MILL COTTAGE sales from October 2006 and April 2019 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 October 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 94m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Ladock, based on EPC data. The below chart shows the distribution of detached houses by size in Ladock, and where MILL COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than MILL COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ladock.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of MILL COTTAGE, 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 MILL COTTAGE). 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 MILL COTTAGE?

MILL COTTAGE is located in LADOCK, in the TR2 postcode district. The below map shows the position of MILL COTTAGE in LADOCK.