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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAKLANDS COTTAGE is a very small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £315,000 in December 2020, which was around 17% 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	£379,621	17% below HPI
2016 29 NOV	£228,000	£307,645	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 20% of detached houses in Paul, based on EPC data. The below chart shows the distribution of detached houses by size in Paul, and where OAKLANDS COTTAGE lies on this distribution: 19% of detached houses are smaller than OAKLANDS COTTAGE, and 76% 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.