OAK COTTAGE, LAKE ROAD, PLYMOUTH, PL9 9QY - £260,000

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

OAK COTTAGE is a small detached house of 88m², built sometime before 1900. It was last sold for £260,000 in March 2016, which was around 9% below the average March 2016 detached price in the City of Plymouth local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

OAK COTTAGE Sold Prices

Land registry data shows three sales for OAK 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 City of Plymouth local authority area for the corresponding sale date. All of the three OAK 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
2016 1 MAR	£260,000	£284,538	9% below HPI
2010 6 AUG	£220,000	£256,189	14% below HPI
2003 22 OCT	£165,000	£193,326	15% below HPI

OAK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The three OAK COTTAGE sales between October 2003 and March 2016 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 August 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 88m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where OAK COTTAGE lies on this distribution: 22% of detached houses are smaller than OAK COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on LAKE ROAD in PLYMOUTH, in the PL9 postcode district. The below map shows the position of OAK COTTAGE on LAKE ROAD.