CORNER COTTAGE, GWEEK, HELSTON, TR12 6UA - £230,000

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

CORNER COTTAGE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £230,000 in June 2014, which was around 17% below the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2021, where the current energy rating was F, and the potential energy rating was C.

CORNER COTTAGE Sold Prices

Land registry data shows four sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four CORNER 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
2014 19 JUN	£230,000	£277,730	17% below HPI
2010 17 DEC	£215,000	£281,195	24% below HPI
2006 13 DEC	£245,000	£280,057	13% below HPI
1995 7 MAR	£54,000	£70,069	23% below HPI

CORNER 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 four CORNER COTTAGE sales between March 1995 and June 2014 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 December 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 60m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Gweek, based on EPC data. The below chart shows the distribution of detached houses by size in Gweek, and where CORNER COTTAGE lies on this distribution: 2% of detached houses are smaller than CORNER COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gweek.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located in GWEEK, in the TR12 postcode district. The below map shows the position of CORNER COTTAGE in GWEEK.