HOLLOW GREEP COTTAGE, ALBASTON, GUNNISLAKE, PL18 9AW - £440,000

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.

HOLLOW GREEP COTTAGE is a midsized extended detached house of 101m², built sometime before 1900, which could now be worth an estimated £414,763. It was last sold for £440,000 in October 2022, which was around 5% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was G, and the potential energy rating was B.

HOLLOW GREEP COTTAGE Sold Prices

Land registry data shows three sales for HOLLOW GREEP 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. Two of the three HOLLOW GREEP COTTAGE sales were for below the average price, whilst one was 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
2022 27 OCT	£440,000	£463,835	5% below HPI
2020 23 OCT	£282,500	£370,347	24% below HPI
2001 7 SEP	£147,000	£139,082	6% above HPI

HOLLOW GREEP 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 HOLLOW GREEP COTTAGE sales between September 2001 and October 2022 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 October 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might HOLLOW GREEP COTTAGE be worth now?

HOLLOW GREEP COTTAGE might now be worth an estimated £414,763.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for HOLLOW GREEP COTTAGE of £440,000 on 27th October 2022. For the value to have decreased from £440,000 to £414,763 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of HOLLOW GREEP COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLOW GREEP COTTAGE has not materially changed since October 2022.

How Large is HOLLOW GREEP COTTAGE?

HOLLOW GREEP COTTAGE is 101m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% 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 HOLLOW GREEP COTTAGE lies on this distribution: 45% of detached houses houses are smaller than HOLLOW GREEP COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

HOLLOW GREEP COTTAGE: Plot and Title Map

HOLLOW GREEP COTTAGE sits on a plot of roughly 102.9 acres, or 416,563m². The below map shows the location of HOLLOW GREEP 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 HOLLOW GREEP 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 HOLLOW GREEP COTTAGE?

HOLLOW GREEP COTTAGE is located in ALBASTON, in the PL18 postcode district. The below map shows the position of HOLLOW GREEP COTTAGE in ALBASTON.