RING COTTAGE, SCHOOL LANE, PLYMPTON, PLYMOUTH, PL7 1NQ - £518,000

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

RING COTTAGE is a large extended detached house of 126m², built sometime before 1900. It was last sold for £518,000 in April 2023, which was around 32% above the average April 2023 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

RING COTTAGE Sold Prices

Land registry data shows three sales for RING COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. All of the three RING 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
2023 18 APR	£518,000	£392,904	32% above HPI
2007 16 MAR	£325,000	£257,593	26% above HPI
1997 20 MAR	£125,000	£82,019	52% above HPI

RING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The three RING COTTAGE sales between March 1997 and April 2023 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 March 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is RING COTTAGE?

RING COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where RING COTTAGE lies on this distribution: 63% of detached houses are smaller than RING COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

RING COTTAGE: Plot and Title Map

RING COTTAGE sits on a plot of roughly 0.286 of an acre, or 1,158m². The below map shows the location of RING 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 RING 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 RING COTTAGE?

RING COTTAGE is located on SCHOOL LANE in PLYMPTON, in the PL7 postcode district. The below map shows the position of RING COTTAGE on SCHOOL LANE.