1, COBBLE LANE, FRADDON, ST COLUMB, TR9 6JT - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 COBBLE LANE is a very large extended semi-detached house of 163m², built sometime between 2003 and 2006. It was last sold for £240,000 in December 2011, which was around 12% below the average December 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

1 COBBLE LANE Sold Prices

Land registry data shows two sales for 1 COBBLE LANE 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 1 COBBLE LANE 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
2011 13 DEC	£240,000	£271,239	12% below HPI
2003 19 SEP	£210,000	£218,085	4% below HPI

1 COBBLE LANE 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 1 COBBLE LANE sales from September 2003 and December 2011 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 September 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 COBBLE LANE?

1 COBBLE LANE is 163m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% of detached houses in Penhale, based on EPC data. The below chart shows the distribution of detached houses by size in Penhale, and where 1 COBBLE LANE lies on this distribution: 97% of detached houses are smaller than 1 COBBLE LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Penhale.

1 COBBLE LANE: Plot and Title Map

1 COBBLE LANE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 COBBLE LANE, 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 1 COBBLE LANE). 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 1 COBBLE LANE?

1 COBBLE LANE is located in FRADDON, in the TR9 postcode district. The below map shows the position of No. 1 on COBBLE LANE.