THE COTTAGE, GEARS LANE, GOLDSITHNEY, PENZANCE, TR20 9LB - £730,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE COTTAGE is a very large extended detached house of 133m², built sometime between 1900 and 1929, which could now be worth an estimated £708,309. It was last sold for £730,000 in June 2022, which was around 66% above the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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. One of the two THE COTTAGE sales was for above the average price, whilst the other was roughly equal to 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
2022 30 JUN	£730,000	£441,083	66% above HPI
2006 27 OCT	£284,000	£283,571	Close to HPI

THE 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 THE COTTAGE sales from October 2006 and June 2022 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 October 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £708,309.

This is based on house price deflation of 3%, between June 2022 and November 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for THE COTTAGE of £730,000 on 30th June 2022. For the value to have decreased from £730,000 to £708,309 over the two years and seven months to November 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2022 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since June 2022.

How Large is THE COTTAGE?

THE COTTAGE is 133m², which includes three extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses houses in Goldsithney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goldsithney, and where THE COTTAGE lies on this distribution: 82% of detached houses houses are smaller than THE COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Goldsithney.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on GEARS LANE in GOLDSITHNEY, in the TR20 postcode district. The below map shows the position of THE COTTAGE on GEARS LANE.