WOODBINE COTTAGE, WOODBINE LANE, ILLOGAN, REDRUTH, TR16 4ED - £560,000

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

WOODBINE COTTAGE is a very large extended detached house of 149m², built sometime before 1900. It was last sold for £560,000 in July 2022, which was around 28% above the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

WOODBINE COTTAGE Sold Prices

Land registry data shows three sales for WOODBINE 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 WOODBINE 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
2022 22 JUL	£560,000	£436,442	28% above HPI
2014 19 DEC	£395,000	£289,231	37% above HPI
2006 16 JUN	£390,000	£268,950	45% above HPI

WOODBINE 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 WOODBINE COTTAGE sales between June 2006 and July 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 December 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is WOODBINE COTTAGE?

WOODBINE COTTAGE is 149m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where WOODBINE COTTAGE lies on this distribution: 88% of detached houses are smaller than WOODBINE COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Illogan.

WOODBINE COTTAGE: Plot and Title Map

WOODBINE COTTAGE sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of WOODBINE 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 WOODBINE 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 WOODBINE COTTAGE?

WOODBINE COTTAGE is located on WOODBINE LANE in ILLOGAN, in the TR16 postcode district. The below map shows the position of WOODBINE COTTAGE on WOODBINE LANE.