CHURCH COTTAGE, THE SQUARE, PROBUS, TRURO, TR2 4JW - £125,000

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

CHURCH COTTAGE is a large extended detached house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £274,079. It was last sold for £125,000 in January 2003, which was around 37% below the average January 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

CHURCH COTTAGE Sold Prices

Land registry data shows two sales for CHURCH 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 CHURCH 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
2003 24 JAN	£125,000	£199,409	37% below HPI
1997 10 FEB	£56,000	£78,773	29% below HPI

CHURCH 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 CHURCH COTTAGE sales from February 1997 and January 2003 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 February 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2003 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might CHURCH COTTAGE be worth now?

CHURCH COTTAGE might now be worth an estimated £274,079.

This is based on house price inflation of 119.3%, between January 2003 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 119.3% inflationary increase is applied to the most recent sale price for CHURCH COTTAGE of £125,000 on 24th January 2003. For the value to have increased from £125,000 to £274,079 over the 21 years and eleven months to February 2025, the following assumptions must hold true:

• The value of CHURCH COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of CHURCH COTTAGE has not materially changed since January 2003.

How Large is CHURCH COTTAGE?

CHURCH COTTAGE is 116m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses houses in Probus, based on EPC data. The below chart shows the distribution of detached houses houses by size in Probus, and where CHURCH COTTAGE lies on this distribution: 66% of detached houses houses are smaller than CHURCH COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Probus.

CHURCH COTTAGE: Plot and Title Map

CHURCH COTTAGE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of CHURCH 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 CHURCH 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 CHURCH COTTAGE?

CHURCH COTTAGE is located on THE SQUARE in PROBUS, in the TR2 postcode district. The below map shows the position of CHURCH COTTAGE on THE SQUARE.