THRIFT COTTAGE, DUCKY LANE, LANDRAKE, SALTASH, PL12 5DL - £250,000

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

THRIFT COTTAGE is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £250,000 in September 2014, which was around 14% below the average September 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

THRIFT COTTAGE Sold Prices

Land registry data shows four sales for THRIFT 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 THRIFT 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
2014 2 SEP	£250,000	£290,112	14% below HPI
2008 31 OCT	£217,000	£280,304	23% below HPI
2001 27 JUL	£120,000	£128,745	7% below HPI
1998 28 AUG	£83,000	£90,247	8% below HPI

THRIFT 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 THRIFT COTTAGE sales between August 1998 and September 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 October 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is THRIFT COTTAGE?

THRIFT COTTAGE is 126m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Landrake, based on EPC data. The below chart shows the distribution of detached houses by size in Landrake, and where THRIFT COTTAGE lies on this distribution: 58% of detached houses are smaller than THRIFT COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Landrake.

THRIFT COTTAGE: Plot and Title Map

THRIFT COTTAGE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of THRIFT 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 THRIFT 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 THRIFT COTTAGE?

THRIFT COTTAGE is located on DUCKY LANE in LANDRAKE, in the PL12 postcode district. The below map shows the position of THRIFT COTTAGE on DUCKY LANE.