11, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £276,000

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 WATERSMEAD PARC is a very small extended detached house of 61m², built sometime between 1983 and 1990. It was last sold for £276,000 in July 2016, which was around 7% below the average July 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

11 WATERSMEAD PARC Sold Prices

Land registry data shows four sales for 11 WATERSMEAD PARC since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 11 WATERSMEAD PARC 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 12 JUL	£276,000	£297,479	7% below HPI
2013 22 NOV	£232,250	£277,939	16% below HPI
2004 19 JUL	£228,000	£248,122	8% below HPI
1999 5 NOV	£93,000	£101,894	9% below HPI

11 WATERSMEAD PARC 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 four 11 WATERSMEAD PARC sales between November 1999 and July 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 November 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 11 WATERSMEAD PARC?

11 WATERSMEAD PARC is 61m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses by size in Budock Water, and where 11 WATERSMEAD PARC lies on this distribution: 1% of detached houses are smaller than 11 WATERSMEAD PARC, and 99% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

11 WATERSMEAD PARC: Plot and Title Map

11 WATERSMEAD PARC sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 11 WATERSMEAD PARC, 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 WATERSMEAD PARC). 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 WATERSMEAD PARC?

11 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 11 on WATERSMEAD PARC.