HAZEL COTTAGE, TAMAR WAY, GUNNISLAKE, PL18 9DH - £472,500

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.

HAZEL COTTAGE is a small extended detached house of 81m², built sometime before 1900, which could now be worth an estimated £456,875. It was last sold for £472,500 in April 2023, which was around 4% above the average April 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was A.

HAZEL COTTAGE Sold Prices

Land registry data shows three sales for HAZEL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three HAZEL COTTAGE sales was for above the average price, whilst two 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
2023 14 APR	£472,500	£452,184	4% above HPI
2021 30 JUN	£370,000	£393,614	6% below HPI
2015 14 MAY	£255,000	£300,519	15% below HPI

HAZEL 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 three HAZEL COTTAGE sales between May 2015 and April 2023 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 June 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might HAZEL COTTAGE be worth now?

HAZEL COTTAGE might now be worth an estimated £456,875.

This is based on house price deflation of 3.3%, between April 2023 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 3.3% deflationary decrease is applied to the most recent sale price for HAZEL COTTAGE of £472,500 on 14th April 2023. For the value to have decreased from £472,500 to £456,875 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of HAZEL COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2023 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of HAZEL COTTAGE has not materially changed since April 2023.

How Large is HAZEL COTTAGE?

HAZEL COTTAGE is 81m², which includes three extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where HAZEL COTTAGE lies on this distribution: 20% of detached houses houses are smaller than HAZEL COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

HAZEL COTTAGE: Plot and Title Map

HAZEL COTTAGE sits on a plot of roughly 2.6 acres, or 10,627m². The below map shows the location of HAZEL 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 HAZEL 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 HAZEL COTTAGE?

HAZEL COTTAGE is located on TAMAR WAY in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of HAZEL COTTAGE on TAMAR WAY.