ROWEEN COTTAGE, PENNANCE ROAD, LANNER, REDRUTH, TR16 5TF - £169,950

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.

ROWEEN COTTAGE is a small extended detached house of 70m², built sometime before 1900, which could now be worth an estimated £277,334. It was last sold for £169,950 in October 2004, which was around 34% below the average October 2004 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

ROWEEN COTTAGE Sold Prices

Land registry data shows four sales for ROWEEN COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four ROWEEN 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
2004 18 OCT	£169,950	£259,395	34% below HPI
1997 30 MAY	£42,500	£78,773	46% below HPI
1995 18 JUL	£34,000	£71,277	52% below HPI
1995 3 APR	£18,500	£71,525	74% below HPI

ROWEEN 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 four ROWEEN COTTAGE sales between April 1995 and October 2004 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 May 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2004 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might ROWEEN COTTAGE be worth now?

ROWEEN COTTAGE might now be worth an estimated £277,334.

This is based on house price inflation of 63.2%, between October 2004 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 63.2% inflationary increase is applied to the most recent sale price for ROWEEN COTTAGE of £169,950 on 18th October 2004. For the value to have increased from £169,950 to £277,334 over the 22 years and six months to April 2026, the following assumptions must hold true:

• The value of ROWEEN COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2004 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of ROWEEN COTTAGE has not materially changed since October 2004.

How Large is ROWEEN COTTAGE?

ROWEEN COTTAGE is 70m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanner, and where ROWEEN COTTAGE lies on this distribution: 20% of detached houses houses are smaller than ROWEEN COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lanner.

ROWEEN COTTAGE: Plot and Title Map

ROWEEN COTTAGE sits on a plot of roughly 6.4 acres, or 26,005m². The below map shows the location of ROWEEN 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 ROWEEN 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 ROWEEN COTTAGE?

ROWEEN COTTAGE is located on PENNANCE ROAD in LANNER, in the TR16 postcode district. The below map shows the position of ROWEEN COTTAGE on PENNANCE ROAD.