GRANGE COTTAGE, SUMMER LANE, PELYNT, LOOE, PL13 2LP - £175,000

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.

GRANGE COTTAGE is a small extended detached house of 84m², built sometime before 1900, which could now be worth an estimated £222,569. It was last sold for £175,000 in April 2020, which was around 49% below the average April 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

GRANGE COTTAGE Sold Prices

Land registry data shows six sales for GRANGE COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the six GRANGE 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 6 APR	£175,000	£343,783	49% below HPI
2018 29 NOV	£140,000	£344,543	59% below HPI
2007 7 NOV	£171,000	£306,692	44% below HPI
2004 27 FEB	£131,000	£232,042	44% below HPI
2002 26 APR	£84,950	£153,157	45% below HPI
1997 30 MAY	£31,000	£78,773	61% below HPI

GRANGE 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 six GRANGE COTTAGE sales between May 1997 and April 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 November 2018 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2020 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might GRANGE COTTAGE be worth now?

GRANGE COTTAGE might now be worth an estimated £222,569.

This is based on house price inflation of 27.2%, between April 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 27.2% inflationary increase is applied to the most recent sale price for GRANGE COTTAGE of £175,000 on 6th April 2020. For the value to have increased from £175,000 to £222,569 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of GRANGE COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of GRANGE COTTAGE has not materially changed since April 2020.

How Large is GRANGE COTTAGE?

GRANGE COTTAGE is 84m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pelynt, and where GRANGE COTTAGE lies on this distribution: 33% of detached houses houses are smaller than GRANGE COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

GRANGE COTTAGE: Plot and Title Map

GRANGE COTTAGE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of GRANGE 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 GRANGE 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 GRANGE COTTAGE?

GRANGE COTTAGE is located on SUMMER LANE in PELYNT, in the PL13 postcode district. The below map shows the position of GRANGE COTTAGE on SUMMER LANE.