THE COTTAGE, TREGREHAN MILLS, ST AUSTELL, PL25 3TH - £219,000

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 small extended detached house of 92m², built sometime before 1900, which could now be worth an estimated £327,572. It was last sold for £219,000 in February 2015, which was around 25% below the average February 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, 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. Both of the two THE 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
2015 27 FEB	£219,000	£292,313	25% below HPI
2000 4 DEC	£110,000	£122,447	10% below 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 December 2000 and February 2015 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 December 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £327,572.

This is based on house price inflation of 49.6%, between February 2015 and February 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 49.6% inflationary increase is applied to the most recent sale price for THE COTTAGE of £219,000 on 27th February 2015. For the value to have increased from £219,000 to £327,572 over the ten years to February 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 February 2015 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since February 2015.

How Large is THE COTTAGE?

THE COTTAGE is 92m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses houses in Tregrehan Mills, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tregrehan Mills, and where THE COTTAGE lies on this distribution: 19% of detached houses houses are smaller than THE COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Tregrehan Mills.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.149 of an acre, or 605m². 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 TREGREHAN MILLS, in the PL25 postcode district. The below map shows the position of THE COTTAGE in TREGREHAN MILLS.