1A, ELOWEN CLOSE, FALMOUTH, TR11 4PL - £175,000

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

1A ELOWEN CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £175,000 in May 2009, which was around 30% below the average May 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

1A ELOWEN CLOSE Sold Prices

Land registry data shows three sales for 1A ELOWEN 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 1A ELOWEN 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
2009 29 MAY	£175,000	£251,618	30% below HPI
2001 25 JAN	£77,750	£118,375	34% below HPI
1997 8 DEC	£59,950	£85,978	30% below HPI

1A ELOWEN 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 1A ELOWEN CLOSE sales between December 1997 and May 2009 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 January 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2009 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1A ELOWEN CLOSE?

1A ELOWEN CLOSE is 74m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 1A ELOWEN CLOSE lies on this distribution: 11% of detached houses are smaller than 1A ELOWEN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

1A ELOWEN CLOSE: Plot and Title Map

1A ELOWEN CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1A ELOWEN 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 1A ELOWEN 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 1A ELOWEN CLOSE?

1A ELOWEN CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 1A on ELOWEN CLOSE.