2-4, JUBILEE COTTAGES, KING STREET, GUNNISLAKE, PL18 9JS - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2-4 JUBILEE COTTAGES is a small extended detached house of 86m², built sometime before 1900, which could now be worth an estimated £278,073. It was last sold for £240,000 in November 2020, which was around 36% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2-4 JUBILEE COTTAGES Sold Prices

Land registry data shows four sales for 2-4 JUBILEE COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 2-4 JUBILEE COTTAGES 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
2020 20 NOV	£240,000	£377,366	36% below HPI
2014 22 APR	£165,000	£285,646	42% below HPI
2004 16 JAN	£182,500	£229,875	21% below HPI
1998 30 OCT	£58,450	£92,584	37% below HPI

2-4 JUBILEE COTTAGES 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 four 2-4 JUBILEE COTTAGES sales between October 1998 and November 2020 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 April 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2-4 JUBILEE COTTAGES be worth now?

2-4 JUBILEE COTTAGES might now be worth an estimated £278,073.

This is based on house price inflation of 15.9%, between November 2020 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 15.9% inflationary increase is applied to the most recent sale price for 2-4 JUBILEE COTTAGES of £240,000 on 20th November 2020. For the value to have increased from £240,000 to £278,073 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2-4 JUBILEE COTTAGES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2-4 JUBILEE COTTAGES has not materially changed since November 2020.

How Large is 2-4 JUBILEE COTTAGES?

2-4 JUBILEE COTTAGES is 86m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where 2-4 JUBILEE COTTAGES lies on this distribution: 29% of detached houses houses are smaller than 2-4 JUBILEE COTTAGES, and 70% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

2-4 JUBILEE COTTAGES: Plot and Title Map

2-4 JUBILEE COTTAGES sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2-4 JUBILEE COTTAGES, 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 2-4 JUBILEE COTTAGES). 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 2-4 JUBILEE COTTAGES?

2-4 JUBILEE COTTAGES is located on KING STREET in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of 2-4 JUBILEE COTTAGES on KING STREET.