THE COTTAGE, LERRYN, LOSTWITHIEL, PL22 0QB - £755,000

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

THE COTTAGE is a very large extended detached house of 203m², built sometime before 1900. It was last sold for £755,000 in November 2020, which was around 103% above the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was F, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four THE 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
2020 27 NOV	£755,000	£371,513	103% above HPI
2005 20 JUN	£415,000	£258,643	60% above HPI
2004 6 FEB	£354,000	£228,443	55% above HPI
1999 17 DEC	£156,000	£103,327	51% above 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 four THE COTTAGE sales between December 1999 and November 2020 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 June 2005 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2020 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 203m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Lerryn, based on EPC data. The below chart shows the distribution of detached houses by size in Lerryn, and where THE COTTAGE lies on this distribution: 87% of detached houses are smaller than THE COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lerryn.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.092 of an acre, or 372m². 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 in LERRYN, in the PL22 postcode district. The below map shows the position of THE COTTAGE in LERRYN.