MINNIE COTTAGE, MINNIE PLACE, FALMOUTH, TR11 3NN - £300,000

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

MINNIE COTTAGE is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £300,000 in March 2017, which was around 3% below the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

MINNIE COTTAGE Sold Prices

Land registry data shows three sales for MINNIE 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. All of the three MINNIE 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
2017 8 MAR	£300,000	£309,696	3% below HPI
2013 31 MAY	£153,500	£268,817	43% below HPI
2007 26 OCT	£134,000	£301,184	56% below HPI

MINNIE 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 MINNIE COTTAGE sales between October 2007 and March 2017 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 May 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is MINNIE COTTAGE?

MINNIE COTTAGE is 80m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where MINNIE COTTAGE lies on this distribution: 15% of detached houses are smaller than MINNIE COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

MINNIE COTTAGE: Plot and Title Map

MINNIE COTTAGE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of MINNIE 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 MINNIE 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 MINNIE COTTAGE?

MINNIE COTTAGE is located on MINNIE PLACE in FALMOUTH, in the TR11 postcode district. The below map shows the position of MINNIE COTTAGE on MINNIE PLACE.