WILLOW TREE COTTAGE, MORWENSTOW, BUDE, EX23 9SJ - £320,000

WILLOW TREE COTTAGE is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £320,000 in February 2013, which was around 20% above the average February 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

WILLOW TREE COTTAGE Sold Prices

Land registry data shows three sales for WILLOW TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three WILLOW TREE COTTAGE sales were for above the average price, whilst one 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
2013 26 FEB	£320,000	£266,912	20% above HPI
2006 6 SEP	£315,000	£275,675	14% above HPI
2004 5 MAR	£167,500	£231,214	28% below HPI

WILLOW TREE 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 three WILLOW TREE COTTAGE sales between March 2004 and February 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 September 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is WILLOW TREE COTTAGE?

WILLOW TREE COTTAGE is 94m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Shop, based on EPC data. The below chart shows the distribution of detached houses by size in Shop, and where WILLOW TREE COTTAGE lies on this distribution: 31% of detached houses are smaller than WILLOW TREE COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Shop.

WILLOW TREE COTTAGE: Plot and Title Map

WILLOW TREE COTTAGE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of WILLOW TREE 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 TREE 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 TREE COTTAGE?

WILLOW TREE COTTAGE is located in MORWENSTOW, in the EX23 postcode district. The below map shows the position of WILLOW TREE COTTAGE in MORWENSTOW.