2, ELOWEN CLOSE, FALMOUTH, TR11 4PL - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ELOWEN CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2012, which was around 6% below the average October 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

2 ELOWEN CLOSE Sold Prices

Land registry data shows two sales for 2 ELOWEN CLOSE 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 2 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
2012 18 OCT	£250,000	£265,698	6% below HPI
2011 17 JAN	£225,000	£281,291	20% below HPI

2 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 two 2 ELOWEN CLOSE sales from January 2011 and October 2012 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 ELOWEN CLOSE?

2 ELOWEN CLOSE is 81m² according to the EPC inspection conducted in September 2010. 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 2 ELOWEN CLOSE lies on this distribution: 17% of detached houses are smaller than 2 ELOWEN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

2 ELOWEN CLOSE: Plot and Title Map

2 ELOWEN CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 2 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 2 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 2 ELOWEN CLOSE?

2 ELOWEN CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 2 on ELOWEN CLOSE.