OAKLANDS COTTAGE, TRUNGLE TERRACE, PAUL, PENZANCE, TR19 6UE - £315,000

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.

OAKLANDS COTTAGE is a small extended detached house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £357,176. It was last sold for £315,000 in December 2020, which was around 18% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was G, and the potential energy rating was D.

OAKLANDS COTTAGE Sold Prices

Land registry data shows two sales for OAKLANDS 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 OAKLANDS 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
2020 9 DEC	£315,000	£385,602	18% below HPI
2016 29 NOV	£228,000	£312,492	27% below HPI

OAKLANDS 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 OAKLANDS COTTAGE sales from November 2016 and December 2020 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might OAKLANDS COTTAGE be worth now?

OAKLANDS COTTAGE might now be worth an estimated £357,176.

This is based on house price inflation of 13.4%, between December 2020 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 13.4% inflationary increase is applied to the most recent sale price for OAKLANDS COTTAGE of £315,000 on 9th December 2020. For the value to have increased from £315,000 to £357,176 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS COTTAGE has not materially changed since December 2020.

How Large is OAKLANDS COTTAGE?

OAKLANDS COTTAGE is 81m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in Paul, based on EPC data. The below chart shows the distribution of detached houses houses by size in Paul, and where OAKLANDS COTTAGE lies on this distribution: 21% of detached houses houses are smaller than OAKLANDS COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Paul.

OAKLANDS COTTAGE: Plot and Title Map

OAKLANDS COTTAGE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of OAKLANDS 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 OAKLANDS 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 OAKLANDS COTTAGE?

OAKLANDS COTTAGE is located on TRUNGLE TERRACE in PAUL, in the TR19 postcode district. The below map shows the position of OAKLANDS COTTAGE on TRUNGLE TERRACE.