MEADOW COTTAGE, MOUNT WISE, NEWQUAY, TR7 2BP - £435,000

MEADOW COTTAGE is a very small extended detached house of 68m², built sometime before 1900. It was last sold for £435,000 in March 2021, which was around 12% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

MEADOW COTTAGE Sold Prices

Land registry data shows two sales for MEADOW 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. One of the two MEADOW COTTAGE sales was for above the average price, whilst the other was 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 26 MAR	£435,000	£387,531	12% above HPI
2018 28 SEP	£207,000	£335,524	38% below HPI

MEADOW 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 MEADOW COTTAGE sales from September 2018 and March 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 September 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is MEADOW COTTAGE?

MEADOW COTTAGE is 68m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where MEADOW COTTAGE lies on this distribution: 5% of detached houses are smaller than MEADOW COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newquay.

MEADOW COTTAGE: Plot and Title Map

MEADOW COTTAGE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of MEADOW 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 MEADOW 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 MEADOW COTTAGE?

MEADOW COTTAGE is located on MOUNT WISE in NEWQUAY, in the TR7 postcode district. The below map shows the position of MEADOW COTTAGE on MOUNT WISE.