Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
SMITHY COTTAGE is a very small extended detached house of 75m², built sometime before 1900. It was last sold for £252,500 in September 2017, which was around 22% below the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for SMITHY COTTAGE since 1st 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 SMITHY 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 |
---|---|---|---|
2017 18 SEP | £252,500 | £321,865 | 22% below HPI |
2000 28 JAN | £89,950 | £103,337 | 13% below HPI |
1999 7 APR | £87,950 | £93,157 | 6% below HPI |
1997 27 MAR | £66,500 | £77,975 | 15% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four SMITHY COTTAGE sales between March 1997 and September 2017 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 January 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
SMITHY COTTAGE is 75m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Perranwell, and where SMITHY COTTAGE lies on this distribution: 4% of detached houses are smaller than SMITHY COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Perranwell.
SMITHY COTTAGE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of SMITHY 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 SMITHY 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.
SMITHY COTTAGE is located in PERRANWELL STATION, in the TR3 postcode district. The below map shows the position of SMITHY COTTAGE in PERRANWELL STATION.