ARMADA COTTAGE, DIMSON, GUNNISLAKE, PL18 9NJ - £135,000

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

ARMADA COTTAGE is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £135,000 in July 2015, which was around 55% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

ARMADA COTTAGE Sold Prices

Land registry data shows five sales for ARMADA COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five ARMADA 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
2015 24 JUL	£135,000	£297,102	55% below HPI
2004 6 OCT	£135,000	£255,372	47% below HPI
2002 26 JUL	£86,000	£165,264	48% below HPI
2000 24 AUG	£55,000	£117,982	53% below HPI
1998 11 SEP	£25,000	£90,854	72% below HPI

ARMADA 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 five ARMADA COTTAGE sales between September 1998 and July 2015 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 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2015 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is ARMADA COTTAGE?

ARMADA COTTAGE is 56m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where ARMADA COTTAGE lies on this distribution: 1% of detached houses are smaller than ARMADA COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

ARMADA COTTAGE: Plot and Title Map

ARMADA COTTAGE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of ARMADA 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 ARMADA 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 ARMADA COTTAGE?

ARMADA COTTAGE is located in DIMSON, in the PL18 postcode district. The below map shows the position of ARMADA COTTAGE in DIMSON.