LOBS COTTAGE, MEADWAY, LOOE, PL13 1JT - £317,500

LOBS COTTAGE is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £317,500 in December 2013, which was around 15% above the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

LOBS COTTAGE Sold Prices

Land registry data shows two sales for LOBS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two LOBS 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
2013 4 DEC	£317,500	£275,187	15% above HPI
2007 23 NOV	£310,000	£301,935	3% above HPI

LOBS 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 two LOBS COTTAGE sales from November 2007 and December 2013 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 November 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is LOBS COTTAGE?

LOBS COTTAGE is 123m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where LOBS COTTAGE lies on this distribution: 56% of detached houses are smaller than LOBS COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Looe.

LOBS COTTAGE: Plot and Title Map

LOBS COTTAGE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of LOBS 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 LOBS 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 LOBS COTTAGE?

LOBS COTTAGE is located on MEADWAY in LOOE, in the PL13 postcode district. The below map shows the position of LOBS COTTAGE on MEADWAY.