SPIRE HILL COTTAGE, FAIRMEAD ROAD, BURRATON COOMBE, SALTASH, PL12 4QE - £285,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

SPIRE HILL COTTAGE is a large extended detached house of 134m², built sometime before 1900. It was last sold for £285,000 in August 2019, which was around 16% below the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

SPIRE HILL COTTAGE Sold Prices

Land registry data shows five sales for SPIRE HILL COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the five SPIRE HILL 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
2019 1 AUG	£285,000	£339,686	16% below HPI
2013 30 SEP	£250,000	£278,445	10% below HPI
2006 6 NOV	£250,000	£281,591	11% below HPI
2001 29 MAR	£161,500	£121,560	33% above HPI
1997 6 MAY	£99,000	£77,551	28% above HPI

SPIRE HILL 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 five SPIRE HILL COTTAGE sales between May 1997 and August 2019 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 September 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is SPIRE HILL COTTAGE?

SPIRE HILL COTTAGE is 134m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where SPIRE HILL COTTAGE lies on this distribution: 78% of detached houses are smaller than SPIRE HILL COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Saltash.

SPIRE HILL COTTAGE: Plot and Title Map

SPIRE HILL COTTAGE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of SPIRE HILL 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 SPIRE HILL 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 SPIRE HILL COTTAGE?

SPIRE HILL COTTAGE is located on FAIRMEAD ROAD in BURRATON COOMBE, in the PL12 postcode district. The below map shows the position of SPIRE HILL COTTAGE on FAIRMEAD ROAD.