PENN COTTAGE, LERRYN, LOSTWITHIEL, PL22 0PZ - £435,000

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

PENN COTTAGE is a very small detached house of 90m², built sometime before 1900. It was last sold for £435,000 in December 2015, which was around 42% above the average December 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was C.

PENN COTTAGE Sold Prices

Land registry data shows two sales for PENN 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 PENN 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
2015 18 DEC	£435,000	£307,089	42% above HPI
2005 6 SEP	£460,000	£261,624	76% above HPI

PENN 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 PENN COTTAGE sales from September 2005 and December 2015 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 September 2005 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the December 2015 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is PENN COTTAGE?

PENN COTTAGE is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Lerryn, based on EPC data. The below chart shows the distribution of detached houses by size in Lerryn, and where PENN COTTAGE lies on this distribution: 19% of detached houses are smaller than PENN COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lerryn.

PENN COTTAGE: Plot and Title Map

PENN COTTAGE sits on a plot of roughly 1.2 acres, or 4,995m². The below map shows the location of PENN 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 PENN 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 PENN COTTAGE?

PENN COTTAGE is located in LERRYN, in the PL22 postcode district. The below map shows the position of PENN COTTAGE in LERRYN.