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
4 COBBLE LANE is a large detached house of 83m². It was last sold for £165,000 in January 2016, which was around 46% below the average January 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 4 COBBLE LANE since 1st 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. One of the two 4 COBBLE LANE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2016 8 JAN | £165,000 | £303,694 | 46% below HPI |
2004 22 APR | £245,000 | £233,419 | 5% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 4 COBBLE LANE sales from April 2004 and January 2016 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
4 COBBLE LANE is 83m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Penhale, based on EPC data. The below chart shows the distribution of detached houses by size in Penhale, and where 4 COBBLE LANE lies on this distribution: 67% of detached houses are smaller than 4 COBBLE LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Penhale.
4 COBBLE LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 4 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 4 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.
4 COBBLE LANE is located in FRADDON, in the TR9 postcode district. The below map shows the position of No. 4 on COBBLE LANE.