WEST COTTAGE, SOUTH PETHERWIN, LAUNCESTON, PL15 7JZ - £328,000

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

WEST COTTAGE is a midsized detached house of 98m². It was last sold for £328,000 in May 2022, which was around 24% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

WEST COTTAGE Sold Prices

Land registry data shows three sales for WEST COTTAGE since 1^st 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. All of the three WEST 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
2022 13 MAY	£328,000	£432,329	24% below HPI
2014 14 OCT	£188,500	£290,735	35% below HPI
2010 22 MAR	£170,000	£273,789	38% below HPI

WEST 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 three WEST COTTAGE sales between March 2010 and May 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 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is WEST COTTAGE?

WEST COTTAGE is 98m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in South Petherwin, based on EPC data. The below chart shows the distribution of detached houses by size in South Petherwin, and where WEST COTTAGE lies on this distribution: 57% of detached houses are smaller than WEST COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in South Petherwin.

WEST COTTAGE: Plot and Title Map

WEST COTTAGE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of WEST 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 WEST 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 WEST COTTAGE?

WEST COTTAGE is located in SOUTH PETHERWIN, in the PL15 postcode district. The below map shows the position of WEST COTTAGE in SOUTH PETHERWIN.