CARKEET COTTAGE, RILLA MILL, CALLINGTON, PL17 7NT - £196,000

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.

CARKEET COTTAGE is a small extended terraced house of 94m², built sometime before 1900, which could now be worth an estimated £239,018. It was last sold for £196,000 in December 2019, which was around 6% above the average December 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

CARKEET COTTAGE Sold Prices

Land registry data shows four sales for CARKEET COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. two of the four CARKEET COTTAGE sales were for above the average price, and four 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
2019 16 DEC	£196,000	£184,146	6% above HPI
2016 6 JUN	£95,000	£162,057	41% below HPI
2000 28 JUL	£49,000	£56,732	14% below HPI
1996 17 MAY	£43,500	£36,417	19% above HPI

CARKEET COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The four CARKEET COTTAGE sales between May 1996 and December 2019 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 June 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might CARKEET COTTAGE be worth now?

CARKEET COTTAGE might now be worth an estimated £239,018.

This is based on house price inflation of 21.9%, between December 2019 and June 2025, for terraced 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 21.9% inflationary increase is applied to the most recent sale price for CARKEET COTTAGE of £196,000 on 16th December 2019. For the value to have increased from £196,000 to £239,018 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of CARKEET COTTAGE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2019 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of CARKEET COTTAGE has not materially changed since December 2019.

How Large is CARKEET COTTAGE?

CARKEET COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of terraced houses houses in Rilla Mill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rilla Mill, and where CARKEET COTTAGE lies on this distribution: 33% of terraced houses houses are smaller than CARKEET COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Rilla Mill.

CARKEET COTTAGE: Plot and Title Map

CARKEET COTTAGE sits on a plot of roughly 0.011 of an acre, or 46m². The below map shows the location of CARKEET 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 CARKEET 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 CARKEET COTTAGE?

CARKEET COTTAGE is located in RILLA MILL, in the PL17 postcode district. The below map shows the position of CARKEET COTTAGE in RILLA MILL.