22, WESTERN TERRACE, FALMOUTH, TR11 4QP - £750,000

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

22 WESTERN TERRACE is a very large extended detached house of 194m², built sometime between 1930 and 1949. It was last sold for £750,000 in November 2022, which was around 63% above the average November 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

22 WESTERN TERRACE Sold Prices

Land registry data shows two sales for 22 WESTERN TERRACE 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 22 WESTERN TERRACE 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 4 NOV	£750,000	£461,377	63% above HPI
2005 29 JUL	£415,000	£259,981	60% above HPI

22 WESTERN TERRACE 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 22 WESTERN TERRACE sales from July 2005 and November 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 July 2005 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 22 WESTERN TERRACE?

22 WESTERN TERRACE is 194m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 22 WESTERN TERRACE lies on this distribution: 92% of detached houses are smaller than 22 WESTERN TERRACE, and 7% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

22 WESTERN TERRACE: Plot and Title Map

22 WESTERN TERRACE sits on a plot of roughly 0.280 of an acre, or 1,132m². The below map shows the location of 22 WESTERN TERRACE, 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 22 WESTERN TERRACE). 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 22 WESTERN TERRACE?

22 WESTERN TERRACE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 22 on WESTERN TERRACE.