2, HILLHEAD RISE, FALMOUTH, TR11 5GZ - £510,000

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

2 HILLHEAD RISE is a midsized detached house of 108m², built in 2019. It was last sold for £510,000 in August 2023, which was around 15% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

2 HILLHEAD RISE Sold Prices

Land registry data shows two sales for 2 HILLHEAD RISE 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 HILLHEAD RISE 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
2023 18 AUG	£510,000	£443,993	15% above HPI
2021 30 JUN	£380,000	£387,509	2% below HPI

2 HILLHEAD RISE 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 HILLHEAD RISE sales from June 2021 and August 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 June 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 HILLHEAD RISE?

2 HILLHEAD RISE is 108m² according to the EPC inspection conducted in June 2021. 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 HILLHEAD RISE lies on this distribution: 44% of detached houses are smaller than 2 HILLHEAD RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

2 HILLHEAD RISE: Plot and Title Map

2 HILLHEAD RISE sits on a plot of roughly 34.5 acres, or 139,706m². The below map shows the location of 2 HILLHEAD RISE, 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 HILLHEAD RISE). 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 HILLHEAD RISE?

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