LOBS COTTAGE, MEADWAY, LOOE, PL13 1JT - £317,500

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.

LOBS COTTAGE is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £496,635. It was last sold for £317,500 in December 2013, which was around 14% above the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

LOBS COTTAGE Sold Prices

Land registry data shows two sales for LOBS 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 LOBS 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
2013 4 DEC	£317,500	£279,523	14% above HPI
2007 23 NOV	£310,000	£306,692	1% above HPI

LOBS 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 LOBS COTTAGE sales from November 2007 and December 2013 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2013 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might LOBS COTTAGE be worth now?

LOBS COTTAGE might now be worth an estimated £496,635.

This is based on house price inflation of 56.4%, between December 2013 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 56.4% inflationary increase is applied to the most recent sale price for LOBS COTTAGE of £317,500 on 4th December 2013. For the value to have increased from £317,500 to £496,635 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of LOBS COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2013 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of LOBS COTTAGE has not materially changed since December 2013.

How Large is LOBS COTTAGE?

LOBS COTTAGE is 123m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where LOBS COTTAGE lies on this distribution: 55% of detached houses houses are smaller than LOBS COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Looe.

LOBS COTTAGE: Plot and Title Map

LOBS COTTAGE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of LOBS 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 LOBS 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 LOBS COTTAGE?

LOBS COTTAGE is located on MEADWAY in LOOE, in the PL13 postcode district. The below map shows the position of LOBS COTTAGE on MEADWAY.