ARMADA COTTAGE, DIMSON, GUNNISLAKE, PL18 9NJ - £135,000

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.

ARMADA COTTAGE is a very small extended detached house of 56m², built sometime before 1900, which could now be worth an estimated £189,358. It was last sold for £135,000 in July 2015, which was around 55% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

ARMADA COTTAGE Sold Prices

Land registry data shows five sales for ARMADA COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five ARMADA 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 24 JUL	£135,000	£301,783	55% below HPI
2004 6 OCT	£135,000	£259,395	48% below HPI
2002 26 JUL	£86,000	£167,868	49% below HPI
2000 24 AUG	£55,000	£119,841	54% below HPI
1998 11 SEP	£25,000	£92,285	73% below HPI

ARMADA 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 five ARMADA COTTAGE sales between September 1998 and July 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 October 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2015 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might ARMADA COTTAGE be worth now?

ARMADA COTTAGE might now be worth an estimated £189,358.

This is based on house price inflation of 40.3%, between July 2015 and April 2026, 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 40.3% inflationary increase is applied to the most recent sale price for ARMADA COTTAGE of £135,000 on 24th July 2015. For the value to have increased from £135,000 to £189,358 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of ARMADA COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2015 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of ARMADA COTTAGE has not materially changed since July 2015.

How Large is ARMADA COTTAGE?

ARMADA COTTAGE is 56m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where ARMADA COTTAGE lies on this distribution: 1% of detached houses houses are smaller than ARMADA COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

ARMADA COTTAGE: Plot and Title Map

ARMADA COTTAGE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of ARMADA 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 ARMADA 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 ARMADA COTTAGE?

ARMADA COTTAGE is located in DIMSON, in the PL18 postcode district. The below map shows the position of ARMADA COTTAGE in DIMSON.