2, WOODLANE CLOSE, FALMOUTH, TR11 4QU - £645,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOODLANE CLOSE is a large detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £608,425. It was last sold for £645,000 in December 2022, which was around 39% above the average December 2022 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 WOODLANE CLOSE Sold Prices

Land registry data shows three sales for 2 WOODLANE 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 2 WOODLANE CLOSE 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 6 DEC	£645,000	£463,515	39% above HPI
2014 28 NOV	£375,000	£296,301	27% above HPI
2009 12 OCT	£380,000	£264,860	43% above HPI

2 WOODLANE 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 2 WOODLANE CLOSE sales between October 2009 and December 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 November 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 WOODLANE CLOSE be worth now?

2 WOODLANE CLOSE might now be worth an estimated £608,425.

This is based on house price deflation of 5.7%, between December 2022 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% deflationary decrease is applied to the most recent sale price for 2 WOODLANE CLOSE of £645,000 on 6th December 2022. For the value to have decreased from £645,000 to £608,425 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 WOODLANE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2022 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODLANE CLOSE has not materially changed since December 2022.

How Large is 2 WOODLANE CLOSE?

2 WOODLANE CLOSE is 138m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where 2 WOODLANE CLOSE lies on this distribution: 73% of detached houses houses are smaller than 2 WOODLANE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

2 WOODLANE CLOSE: Plot and Title Map

2 WOODLANE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 2 WOODLANE 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 WOODLANE 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 WOODLANE CLOSE?

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