WILLOW COTTAGE, LUXULYAN, BODMIN, PL30 5EA - £362,500

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.

WILLOW COTTAGE is a very small extended detached house of 70m², built sometime before 1900, which could now be worth an estimated £331,046. It was last sold for £362,500 in December 2022, which was around 22% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was C.

WILLOW COTTAGE Sold Prices

Land registry data shows two sales for WILLOW 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 WILLOW 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 9 DEC	£362,500	£463,515	22% below HPI
1998 30 JAN	£77,000	£87,811	12% below HPI

WILLOW 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 WILLOW COTTAGE sales from January 1998 and December 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 January 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might WILLOW COTTAGE be worth now?

WILLOW COTTAGE might now be worth an estimated £331,046.

This is based on house price deflation of 8.7%, between December 2022 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 8.7% deflationary decrease is applied to the most recent sale price for WILLOW COTTAGE of £362,500 on 9th December 2022. For the value to have decreased from £362,500 to £331,046 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of WILLOW COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2022 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of WILLOW COTTAGE has not materially changed since December 2022.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 70m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Luxulyan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luxulyan, and where WILLOW COTTAGE lies on this distribution: 8% of detached houses houses are smaller than WILLOW COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Luxulyan.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW COTTAGE?

WILLOW COTTAGE is located in LUXULYAN, in the PL30 postcode district. The below map shows the position of WILLOW COTTAGE in LUXULYAN.