DOWNINGS COTTAGE, EGLOSKERRY, LAUNCESTON, PL15 8RU - £227,500

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.

DOWNINGS COTTAGE is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £280,738. It was last sold for £227,500 in August 2020, which was around 36% below the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

DOWNINGS COTTAGE Sold Prices

Land registry data shows two sales for DOWNINGS 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 DOWNINGS 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
2020 5 AUG	£227,500	£354,316	36% below HPI
2002 10 JUL	£110,000	£167,868	34% below HPI

DOWNINGS 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 DOWNINGS COTTAGE sales from July 2002 and August 2020 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 July 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might DOWNINGS COTTAGE be worth now?

DOWNINGS COTTAGE might now be worth an estimated £280,738.

This is based on house price inflation of 23.4%, between August 2020 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 23.4% inflationary increase is applied to the most recent sale price for DOWNINGS COTTAGE of £227,500 on 5th August 2020. For the value to have increased from £227,500 to £280,738 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of DOWNINGS COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of DOWNINGS COTTAGE has not materially changed since August 2020.

How Large is DOWNINGS COTTAGE?

DOWNINGS COTTAGE is 78m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Egloskerry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Egloskerry, and where DOWNINGS COTTAGE lies on this distribution: 17% of detached houses houses are smaller than DOWNINGS COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Egloskerry.

DOWNINGS COTTAGE: Plot and Title Map

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

DOWNINGS COTTAGE is located in EGLOSKERRY, in the PL15 postcode district. The below map shows the position of DOWNINGS COTTAGE in EGLOSKERRY.