TREE HILL COTTAGE, OLD POST OFFICE HILL, STRATTON, BUDE, EX23 9DB - £220,000

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.

TREE HILL COTTAGE is a very small extended terraced house of 64m², built sometime before 1900, which could now be worth an estimated £223,840. It was last sold for £220,000 in February 2022, which was around 3% below the average February 2022 terraced price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

TREE HILL COTTAGE Sold Prices

Land registry data shows two sales for TREE HILL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two TREE HILL 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
2022 11 FEB	£220,000	£226,644	3% below HPI
2017 31 OCT	£140,000	£175,714	20% below HPI

TREE HILL 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 two TREE HILL COTTAGE sales from October 2017 and February 2022 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 October 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might TREE HILL COTTAGE be worth now?

TREE HILL COTTAGE might now be worth an estimated £223,840.

This is based on house price inflation of 1.7%, between February 2022 and May 2026, 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 1.7% inflationary increase is applied to the most recent sale price for TREE HILL COTTAGE of £220,000 on 11th February 2022. For the value to have increased from £220,000 to £223,840 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of TREE HILL COTTAGE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The February 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of TREE HILL COTTAGE has not materially changed since February 2022.

How Large is TREE HILL COTTAGE?

TREE HILL COTTAGE is 64m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of terraced houses houses in Stratton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stratton, and where TREE HILL COTTAGE lies on this distribution: 2% of terraced houses houses are smaller than TREE HILL COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stratton.

TREE HILL COTTAGE: Plot and Title Map

TREE HILL COTTAGE sits on a plot of roughly 0.009 of an acre, or 35m². The below map shows the location of TREE HILL 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 TREE HILL 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 TREE HILL COTTAGE?

TREE HILL COTTAGE is located on OLD POST OFFICE HILL in STRATTON, in the EX23 postcode district. The below map shows the position of TREE HILL COTTAGE on OLD POST OFFICE HILL.