MYRTLE COTTAGE, THE LIZARD, HELSTON, TR12 7NX - £331,376

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MYRTLE COTTAGE is a very small extended detached house of 84m², built sometime before 1900. It was last sold for £331,376 in August 2021, which was around 15% below the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was G, and the potential energy rating was C.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE 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 MYRTLE 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
2021 20 AUG	£331,376	£388,585	15% below HPI
2014 19 DEC	£190,000	£293,788	35% below HPI

MYRTLE 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 MYRTLE COTTAGE sales from December 2014 and August 2021 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 December 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £378,635.

This is based on house price inflation of 14.3%, between August 2021 and December 2024, 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 14.3% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £331,376 on 20th August 2021. For the value to have increased from £331,376 to £378,635 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2021 sale price of £331,376 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since August 2021.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 84m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lizard, and where MYRTLE COTTAGE lies on this distribution: 16% of detached houses houses are smaller than MYRTLE COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lizard.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located in THE LIZARD, in the TR12 postcode district. The below map shows the position of MYRTLE COTTAGE in THE LIZARD.