1, GREENFIELDS CLOSE, MAWNAN SMITH, FALMOUTH, TR11 5EX - £325,000

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.

1 GREENFIELDS CLOSE is a large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £479,580. It was last sold for £325,000 in November 2014, which was around 10% above the average November 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

1 GREENFIELDS CLOSE Sold Prices

Land registry data shows two sales for 1 GREENFIELDS CLOSE 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 1 GREENFIELDS CLOSE sales were for above 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
2014 27 NOV	£325,000	£296,301	10% above HPI
2002 15 OCT	£203,000	£183,410	11% above HPI

1 GREENFIELDS CLOSE 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 1 GREENFIELDS CLOSE sales from October 2002 and November 2014 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 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 GREENFIELDS CLOSE be worth now?

1 GREENFIELDS CLOSE might now be worth an estimated £479,580.

This is based on house price inflation of 47.6%, between November 2014 and February 2025, 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 47.6% inflationary increase is applied to the most recent sale price for 1 GREENFIELDS CLOSE of £325,000 on 27th November 2014. For the value to have increased from £325,000 to £479,580 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GREENFIELDS CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENFIELDS CLOSE has not materially changed since November 2014.

How Large is 1 GREENFIELDS CLOSE?

1 GREENFIELDS CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mawnan Smith, and where 1 GREENFIELDS CLOSE lies on this distribution: 69% of detached houses houses are smaller than 1 GREENFIELDS CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

1 GREENFIELDS CLOSE: Plot and Title Map

1 GREENFIELDS CLOSE sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of 1 GREENFIELDS CLOSE, 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 1 GREENFIELDS CLOSE). 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 1 GREENFIELDS CLOSE?

1 GREENFIELDS CLOSE is located in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of No. 1 on GREENFIELDS CLOSE.