CRAIGSTONE COTTAGE, LEWANNICK, LAUNCESTON, PL15 7QD - £220,000

CRAIGSTONE COTTAGE is a midsized detached house of 86m², built sometime before 1900. It was last sold for £220,000 in February 2021, which was around 42% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2011, where the current energy rating was F, and the potential energy rating was E.

CRAIGSTONE COTTAGE Sold Prices

Land registry data shows three sales for CRAIGSTONE 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 CRAIGSTONE 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
2021 1 FEB	£220,000	£378,711	42% below HPI
1999 22 MAR	£68,000	£93,565	27% below HPI
1997 5 DEC	£54,000	£85,978	37% below HPI

CRAIGSTONE 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 CRAIGSTONE COTTAGE sales between December 1997 and February 2021 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 March 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is CRAIGSTONE COTTAGE?

CRAIGSTONE COTTAGE is 86m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Lewannick, based on EPC data. The below chart shows the distribution of detached houses by size in Lewannick, and where CRAIGSTONE COTTAGE lies on this distribution: 42% of detached houses are smaller than CRAIGSTONE COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lewannick.

CRAIGSTONE COTTAGE: Plot and Title Map

CRAIGSTONE COTTAGE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of CRAIGSTONE 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 CRAIGSTONE 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 CRAIGSTONE COTTAGE?

CRAIGSTONE COTTAGE is located in LEWANNICK, in the PL15 postcode district. The below map shows the position of CRAIGSTONE COTTAGE in LEWANNICK.