BRIG COTTAGE, COLLEGE OPE, PENRYN, TR10 8JS - £275,000

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

BRIG COTTAGE is a small extended detached house of 87m², built sometime before 1900. It was last sold for £275,000 in June 2019, which was around 17% below the average June 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was G, and the potential energy rating was C.

BRIG COTTAGE Sold Prices

Land registry data shows two sales for BRIG 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 BRIG 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 7 JUN	£275,000	£329,773	17% below HPI
1997 29 OCT	£68,000	£85,085	20% below HPI

BRIG 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 BRIG COTTAGE sales from October 1997 and June 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 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is BRIG COTTAGE?

BRIG COTTAGE is 87m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where BRIG COTTAGE lies on this distribution: 31% of detached houses are smaller than BRIG COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Penryn.

BRIG COTTAGE: Plot and Title Map

BRIG COTTAGE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of BRIG 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 BRIG 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 BRIG COTTAGE?

BRIG COTTAGE is located on COLLEGE OPE in PENRYN, in the TR10 postcode district. The below map shows the position of BRIG COTTAGE on COLLEGE OPE.