108, DRACAENA AVENUE, FALMOUTH, TR11 2ER - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

108 DRACAENA AVENUE is a large detached house of 134m², built sometime between 1950 and 1966. It was last sold for £470,000 in May 2023, which was around 7% above the average May 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

108 DRACAENA AVENUE Sold Prices

Land registry data shows three sales for 108 DRACAENA AVENUE 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. All of the three 108 DRACAENA AVENUE 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
2023 22 MAY	£470,000	£439,960	7% above HPI
2009 15 JUN	£285,000	£251,060	14% above HPI
1998 26 MAR	£98,000	£86,489	13% above HPI

108 DRACAENA AVENUE 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 108 DRACAENA AVENUE sales between March 1998 and May 2023 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 June 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 108 DRACAENA AVENUE?

108 DRACAENA AVENUE is 134m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 108 DRACAENA AVENUE lies on this distribution: 70% of detached houses are smaller than 108 DRACAENA AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

108 DRACAENA AVENUE: Plot and Title Map

108 DRACAENA AVENUE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 108 DRACAENA AVENUE, 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 108 DRACAENA AVENUE). 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 108 DRACAENA AVENUE?

108 DRACAENA AVENUE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 108 on DRACAENA AVENUE.