ROSE COTTAGE, PENWERRIS LANE, FALMOUTH, TR11 2TR - £262,500

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.

ROSE COTTAGE is a very small extended detached house of 77m², built sometime before 1900, which could now be worth an estimated £254,493. It was last sold for £262,500 in August 2023, which was around 42% below the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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 ROSE 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
2023 29 AUG	£262,500	£450,988	42% below HPI
2012 23 NOV	£145,000	£273,354	47% below HPI

ROSE 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 ROSE COTTAGE sales from November 2012 and August 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 November 2012 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £254,493.

This is based on house price deflation of 3.1%, between August 2023 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 3.1% deflationary decrease is applied to the most recent sale price for ROSE COTTAGE of £262,500 on 29th August 2023. For the value to have decreased from £262,500 to £254,493 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2023 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since August 2023.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 77m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where ROSE COTTAGE lies on this distribution: 13% of detached houses houses are smaller than ROSE COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.013 of an acre, or 52m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on PENWERRIS LANE in FALMOUTH, in the TR11 postcode district. The below map shows the position of ROSE COTTAGE on PENWERRIS LANE.