1A, MADEIRA WALK, FALMOUTH, TR11 4EJ - £500,000

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 MADEIRA WALK is a very small extended detached house of 64m², built sometime between 1967 and 1975. It was last sold for £500,000 in July 2022, which was around 15% above the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was F, and the potential energy rating was B.

1A MADEIRA WALK Sold Prices

Land registry data shows two sales for 1A MADEIRA WALK 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 1A MADEIRA WALK sales were for above 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
2022 22 JUL	£500,000	£436,442	15% above HPI
2020 10 DEC	£480,000	£379,621	26% above HPI

1A MADEIRA WALK 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 1A MADEIRA WALK sales from December 2020 and July 2022 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 December 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1A MADEIRA WALK?

1A MADEIRA WALK is 64m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 MADEIRA WALK lies on this distribution: 5% of detached houses are smaller than 1A MADEIRA WALK, and 94% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

1A MADEIRA WALK: Plot and Title Map

1A MADEIRA WALK sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 1A MADEIRA WALK, 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 MADEIRA WALK). 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 MADEIRA WALK?

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