OAK COTTAGE, VERYAN, TRURO, TR2 5QA - £281,500

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.

OAK COTTAGE is a large detached house of 96m², built sometime before 1900, which could now be worth an estimated £458,990. It was last sold for £281,500 in November 2009, which was around 5% above the average November 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was G, and the potential energy rating was F.

OAK COTTAGE Sold Prices

Land registry data shows two sales for OAK 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 OAK 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
2009 16 NOV	£281,500	£268,155	5% above HPI
2000 19 DEC	£128,000	£122,447	5% above HPI

OAK 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 OAK COTTAGE sales from December 2000 and November 2009 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 2000 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2009 sale, which was also at 5% above the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £458,990.

This is based on house price inflation of 63.1%, between November 2009 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 63.1% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £281,500 on 16th November 2009. For the value to have increased from £281,500 to £458,990 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2009 sale price of £281,500 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since November 2009.

How Large is OAK COTTAGE?

OAK COTTAGE is 96m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses houses in Veryan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Veryan, and where OAK COTTAGE lies on this distribution: 64% of detached houses houses are smaller than OAK COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Veryan.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.065 of an acre, or 263m². 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 in VERYAN, in the TR2 postcode district. The below map shows the position of OAK COTTAGE in VERYAN.