CARWINION COTTAGE, CARWINION LANE, MAWNAN SMITH, FALMOUTH, TR11 5JB - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CARWINION COTTAGE is a midsized detached house of 126m², built sometime before 1900, which could now be worth an estimated £565,674. It was last sold for £390,000 in February 2008, which was around 29% above the average February 2008 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.

CARWINION COTTAGE Sold Prices

Land registry data shows two sales for CARWINION 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 CARWINION COTTAGE sales were 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
2008 22 FEB	£390,000	£301,446	29% above HPI
2005 15 NOV	£310,000	£265,882	17% above HPI

CARWINION 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 CARWINION COTTAGE sales from November 2005 and February 2008 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 November 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2008 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might CARWINION COTTAGE be worth now?

CARWINION COTTAGE might now be worth an estimated £565,674.

This is based on house price inflation of 45%, between February 2008 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 45% inflationary increase is applied to the most recent sale price for CARWINION COTTAGE of £390,000 on 22nd February 2008. For the value to have increased from £390,000 to £565,674 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of CARWINION COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2008 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of CARWINION COTTAGE has not materially changed since February 2008.

How Large is CARWINION COTTAGE?

CARWINION COTTAGE is 126m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mawnan Smith, and where CARWINION COTTAGE lies on this distribution: 48% of detached houses houses are smaller than CARWINION COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

CARWINION COTTAGE: Plot and Title Map

CARWINION COTTAGE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of CARWINION 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 CARWINION 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 CARWINION COTTAGE?

CARWINION COTTAGE is located on CARWINION LANE in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of CARWINION COTTAGE on CARWINION LANE.