PATCH COTTAGE, FOUNDRY HILL, STITHIANS, TRURO, TR3 7BS - £325,000

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

PATCH COTTAGE is a very large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £455,198. It was last sold for £325,000 in March 2016, which was around 4% above the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was E.

PATCH COTTAGE Sold Prices

Land registry data shows four sales for PATCH COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four PATCH 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
2016 31 MAR	£325,000	£312,172	4% above HPI
2012 18 DEC	£282,050	£271,224	4% above HPI
2004 18 MAY	£311,500	£239,404	30% above HPI
1999 30 JUL	£137,500	£97,957	40% above HPI

PATCH 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 four PATCH COTTAGE sales between July 1999 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 December 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2016 sale, which was also at 4% above the HPI.

What might PATCH COTTAGE be worth now?

PATCH COTTAGE might now be worth an estimated £455,198.

This is based on house price inflation of 40.1%, between March 2016 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 40.1% inflationary increase is applied to the most recent sale price for PATCH COTTAGE of £325,000 on 31st March 2016. For the value to have increased from £325,000 to £455,198 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of PATCH COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of PATCH COTTAGE has not materially changed since March 2016.

How Large is PATCH COTTAGE?

PATCH COTTAGE is 159m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Stithians, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stithians, and where PATCH COTTAGE lies on this distribution: 90% of detached houses houses are smaller than PATCH COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stithians.

PATCH COTTAGE: Plot and Title Map

PATCH COTTAGE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of PATCH 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 PATCH 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 PATCH COTTAGE?

PATCH COTTAGE is located on FOUNDRY HILL in STITHIANS, in the TR3 postcode district. The below map shows the position of PATCH COTTAGE on FOUNDRY HILL.