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
VALLEY COTTAGE is a large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £740,000 in April 2022, which was around 73% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for VALLEY COTTAGE since 1st 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. Two of the three VALLEY COTTAGE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 29 APR | £740,000 | £427,134 | 73% above HPI |
2020 29 JUL | £541,000 | £346,306 | 56% above HPI |
2003 30 MAY | £190,000 | £205,598 | 8% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three VALLEY COTTAGE sales between May 2003 and April 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 July 2020 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2022 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.
VALLEY COTTAGE is 171m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where VALLEY COTTAGE lies on this distribution: 76% of detached houses are smaller than VALLEY COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.
VALLEY COTTAGE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of VALLEY 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 VALLEY 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.
VALLEY COTTAGE is located in PORTMELLON, in the PL26 postcode district. The below map shows the position of VALLEY COTTAGE in PORTMELLON.