116, DRACAENA AVENUE, FALMOUTH, TR11 2ER - £525,000

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.

116 DRACAENA AVENUE is a large extended detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £508,985. It was last sold for £525,000 in August 2023, which was around 16% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was D.

116 DRACAENA AVENUE Sold Prices

Land registry data shows three sales for 116 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. Two of the three 116 DRACAENA AVENUE 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
2023 10 AUG	£525,000	£450,988	16% above HPI
2014 19 SEP	£275,000	£294,683	7% below HPI
1995 24 NOV	£86,950	£72,366	20% above HPI

116 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 116 DRACAENA AVENUE sales between November 1995 and August 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 September 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 116 DRACAENA AVENUE be worth now?

116 DRACAENA AVENUE might now be worth an estimated £508,985.

This is based on house price deflation of 3.1%, between August 2023 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 3.1% deflationary decrease is applied to the most recent sale price for 116 DRACAENA AVENUE of £525,000 on 10th August 2023. For the value to have decreased from £525,000 to £508,985 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 116 DRACAENA AVENUE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 116 DRACAENA AVENUE has not materially changed since August 2023.

How Large is 116 DRACAENA AVENUE?

116 DRACAENA AVENUE is 143m², which includes four extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where 116 DRACAENA AVENUE lies on this distribution: 75% of detached houses houses are smaller than 116 DRACAENA AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

116 DRACAENA AVENUE: Plot and Title Map

116 DRACAENA AVENUE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 116 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 116 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 116 DRACAENA AVENUE?

116 DRACAENA AVENUE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 116 on DRACAENA AVENUE.