11, FRANKLAND CLOSE, FALMOUTH, TR11 4AE - £275,000

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

11 FRANKLAND CLOSE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £275,000 in October 2016, which was around 10% below the average October 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

11 FRANKLAND CLOSE Sold Prices

Land registry data shows three sales for 11 FRANKLAND CLOSE 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 11 FRANKLAND CLOSE 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
2016 5 OCT	£275,000	£304,899	10% below HPI
2014 27 FEB	£250,000	£278,574	10% below HPI
1995 24 MAR	£47,000	£70,069	33% below HPI

11 FRANKLAND 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 three 11 FRANKLAND CLOSE sales between March 1995 and October 2016 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 February 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2016 sale, which was also at 10% below the HPI.

How Large is 11 FRANKLAND CLOSE?

11 FRANKLAND CLOSE is 89m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 11 FRANKLAND CLOSE lies on this distribution: 27% of detached houses are smaller than 11 FRANKLAND CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

11 FRANKLAND CLOSE: Plot and Title Map

11 FRANKLAND CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 11 FRANKLAND 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 11 FRANKLAND 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 11 FRANKLAND CLOSE?

11 FRANKLAND CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 11 on FRANKLAND CLOSE.