12, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £290,000

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

12 WATERSMEAD PARC is a midsized extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £290,000 in January 2023, which was around 36% below the average January 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

12 WATERSMEAD PARC Sold Prices

Land registry data shows two sales for 12 WATERSMEAD PARC 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 12 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
2023 12 JAN	£290,000	£449,782	36% below HPI
2007 22 NOV	£160,000	£301,935	47% below HPI

12 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 two 12 WATERSMEAD PARC sales from November 2007 and January 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 November 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 12 WATERSMEAD PARC?

12 WATERSMEAD PARC is 96m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% 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 12 WATERSMEAD PARC lies on this distribution: 43% of detached houses are smaller than 12 WATERSMEAD PARC, and 53% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

12 WATERSMEAD PARC: Plot and Title Map

12 WATERSMEAD PARC sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 12 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 12 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 12 WATERSMEAD PARC?

12 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 12 on WATERSMEAD PARC.