SHUTES COTTAGE, ADIT LANE, SOUTH PILL, SALTASH, PL12 6HS - £185,000

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.

SHUTES COTTAGE is a very small extended detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £296,224. It was last sold for £185,000 in December 2011, which was around 33% below the average December 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

SHUTES COTTAGE Sold Prices

Land registry data shows four sales for SHUTES 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 SHUTES 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
2011 2 DEC	£185,000	£275,513	33% below HPI
2008 6 JUN	£220,000	£290,772	24% below HPI
2003 2 JUN	£162,950	£213,926	24% below HPI
2001 10 AUG	£100,000	£134,051	25% below HPI

SHUTES 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 SHUTES COTTAGE sales between August 2001 and December 2011 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 June 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might SHUTES COTTAGE be worth now?

SHUTES COTTAGE might now be worth an estimated £296,224.

This is based on house price inflation of 60.1%, between December 2011 and March 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 60.1% inflationary increase is applied to the most recent sale price for SHUTES COTTAGE of £185,000 on 2nd December 2011. For the value to have increased from £185,000 to £296,224 over the fourteen years and nine months to March 2025, the following assumptions must hold true:

• The value of SHUTES COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of SHUTES COTTAGE has not materially changed since December 2011.

How Large is SHUTES COTTAGE?

SHUTES COTTAGE is 79m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltash, and where SHUTES COTTAGE lies on this distribution: 18% of detached houses houses are smaller than SHUTES COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Saltash.

SHUTES COTTAGE: Plot and Title Map

SHUTES COTTAGE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of SHUTES 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 SHUTES 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 SHUTES COTTAGE?

SHUTES COTTAGE is located on ADIT LANE in SOUTH PILL, in the PL12 postcode district. The below map shows the position of SHUTES COTTAGE on ADIT LANE.