ELM COTTAGE, CHURCH COVE, HELSTON, TR12 7PH - £430,000

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

ELM COTTAGE is a very small extended detached house of 67m², built sometime before 1900. It was last sold for £430,000 in December 2019, which was around 26% above the average December 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was A.

ELM COTTAGE Sold Prices

Land registry data shows four sales for ELM 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 ELM 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
2019 6 DEC	£430,000	£341,511	26% above HPI
2015 14 JAN	£352,500	£287,784	22% above HPI
2005 20 APR	£312,500	£253,505	23% above HPI
2002 12 MAR	£170,000	£149,311	14% above HPI

ELM 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 ELM COTTAGE sales between March 2002 and December 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 January 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is ELM COTTAGE?

ELM COTTAGE is 67m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses by size in Lizard, and where ELM COTTAGE lies on this distribution: 6% of detached houses are smaller than ELM COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lizard.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of ELM 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 ELM 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 ELM COTTAGE?

ELM COTTAGE is located in CHURCH COVE, in the TR12 postcode district. The below map shows the position of ELM COTTAGE in CHURCH COVE.