STOKE COTTAGE, POLWITHEN ROAD, PENZANCE, TR18 4JS - £540,000

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

STOKE COTTAGE is a very large extended detached house of 310m², built sometime between 1930 and 1949. It was last sold for £540,000 in July 2014, which was around 92% above the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

STOKE COTTAGE Sold Prices

Land registry data shows three sales for STOKE 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 STOKE COTTAGE sales were for above 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
2014 7 JUL	£540,000	£281,141	92% above HPI
2004 7 MAY	£387,000	£235,691	64% above HPI
2002 10 APR	£240,000	£150,782	59% above HPI

STOKE 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 STOKE COTTAGE sales between April 2002 and July 2014 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 May 2004 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2014 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is STOKE COTTAGE?

STOKE COTTAGE is 310m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Penzance, based on EPC data. The below chart shows the distribution of detached houses by size in Penzance, and where STOKE COTTAGE lies on this distribution: 98% of detached houses are smaller than STOKE COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Penzance.

STOKE COTTAGE: Plot and Title Map

STOKE COTTAGE sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of STOKE 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 STOKE 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 STOKE COTTAGE?

STOKE COTTAGE is located on POLWITHEN ROAD in PENZANCE, in the TR18 postcode district. The below map shows the position of STOKE COTTAGE on POLWITHEN ROAD.