SMITHYS COTTAGE, NANSTALLON, BODMIN, PL30 5LF - £325,000

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

SMITHYS COTTAGE is a small extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £325,000 in July 2023, which was around 26% below the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was A.

SMITHYS COTTAGE Sold Prices

Land registry data shows three sales for SMITHYS 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 Cornwall local authority area for the corresponding sale date. All of the three SMITHYS 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 19 JUL	£325,000	£438,307	26% below HPI
2020 28 AUG	£260,000	£348,820	25% below HPI
2014 4 DEC	£235,000	£289,231	19% below HPI

SMITHYS 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 three SMITHYS COTTAGE sales between December 2014 and July 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 August 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is SMITHYS COTTAGE?

SMITHYS COTTAGE is 109m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Nanstallon, based on EPC data. The below chart shows the distribution of detached houses by size in Nanstallon, and where SMITHYS COTTAGE lies on this distribution: 39% of detached houses are smaller than SMITHYS COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Nanstallon.

SMITHYS COTTAGE: Plot and Title Map

SMITHYS COTTAGE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of SMITHYS 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 SMITHYS 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 SMITHYS COTTAGE?

SMITHYS COTTAGE is located in NANSTALLON, in the PL30 postcode district. The below map shows the position of SMITHYS COTTAGE in NANSTALLON.