LARKSPUR COTTAGE, GERMOE LANE, GERMOE, PENZANCE, TR20 9QY - £395,000

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

LARKSPUR COTTAGE is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £395,000 in March 2012, which was around 45% above the average March 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

LARKSPUR COTTAGE Sold Prices

Land registry data shows two sales for LARKSPUR 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 LARKSPUR 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
2012 30 MAR	£395,000	£272,318	45% above HPI
2006 25 JAN	£302,000	£257,144	17% above HPI

LARKSPUR 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 LARKSPUR COTTAGE sales from January 2006 and March 2012 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 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2012 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is LARKSPUR COTTAGE?

LARKSPUR COTTAGE is 114m², which includes three extensions, according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Germoe, based on EPC data. The below chart shows the distribution of detached houses by size in Germoe, and where LARKSPUR COTTAGE lies on this distribution: 43% of detached houses are smaller than LARKSPUR COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Germoe.

LARKSPUR COTTAGE: Plot and Title Map

LARKSPUR COTTAGE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of LARKSPUR 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 LARKSPUR 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 LARKSPUR COTTAGE?

LARKSPUR COTTAGE is located on GERMOE LANE in GERMOE, in the TR20 postcode district. The below map shows the position of LARKSPUR COTTAGE on GERMOE LANE.