2, GROVEHILL DRIVE, FALMOUTH, TR11 3HS - £465,000

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 GROVEHILL DRIVE is a midsized detached house of 104m², built sometime between 1930 and 1949. It was last sold for £465,000 in February 2021, which was around 23% above the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 GROVEHILL DRIVE Sold Prices

Land registry data shows two sales for 2 GROVEHILL DRIVE 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. One of the two 2 GROVEHILL DRIVE sales was for above the average price, whilst the other 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
2021 8 FEB	£465,000	£378,711	23% above HPI
2006 29 SEP	£250,000	£275,675	9% below HPI

2 GROVEHILL DRIVE 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 GROVEHILL DRIVE sales from September 2006 and February 2021 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 GROVEHILL DRIVE?

2 GROVEHILL DRIVE is 104m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% 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 GROVEHILL DRIVE lies on this distribution: 41% of detached houses are smaller than 2 GROVEHILL DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

2 GROVEHILL DRIVE: Plot and Title Map

2 GROVEHILL DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 GROVEHILL DRIVE, 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 GROVEHILL DRIVE). 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 GROVEHILL DRIVE?

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