STANNARY COTTAGE, WELLPARK ROAD, DRAKEWALLS, GUNNISLAKE, PL18 9ED - £370,000

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

STANNARY COTTAGE is a midsized extended detached house of 119m², built sometime before 1900. It was last sold for £370,000 in October 2021, which was around 7% below the average October 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

STANNARY COTTAGE Sold Prices

Land registry data shows two sales for STANNARY 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 STANNARY 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
2021 27 OCT	£370,000	£397,885	7% below HPI
2020 3 NOV	£300,000	£371,513	19% below HPI

STANNARY 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 STANNARY COTTAGE sales from November 2020 and October 2021 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 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is STANNARY COTTAGE?

STANNARY COTTAGE is 119m², which includes four extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 40% of detached houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses by size in Gunnislake, and where STANNARY COTTAGE lies on this distribution: 59% of detached houses are smaller than STANNARY COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

STANNARY COTTAGE: Plot and Title Map

STANNARY COTTAGE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of STANNARY 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 STANNARY 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 STANNARY COTTAGE?

STANNARY COTTAGE is located on WELLPARK ROAD in DRAKEWALLS, in the PL18 postcode district. The below map shows the position of STANNARY COTTAGE on WELLPARK ROAD.