28, SWANS REACH, FALMOUTH, TR11 5GG - £430,000

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.

28 SWANS REACH is a very small detached house of 72m², built sometime between 2007 and 2011, which could now be worth an estimated £405,337. It was last sold for £430,000 in October 2022, which was around 7% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

28 SWANS REACH Sold Prices

Land registry data shows two sales for 28 SWANS REACH 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 28 SWANS REACH 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
2022 13 OCT	£430,000	£463,835	7% below HPI
2018 16 AUG	£319,000	£337,121	5% below HPI

28 SWANS REACH 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 28 SWANS REACH sales from August 2018 and October 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 August 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 28 SWANS REACH be worth now?

28 SWANS REACH might now be worth an estimated £405,337.

This is based on house price deflation of 5.7%, between October 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 28 SWANS REACH of £430,000 on 13th October 2022. For the value to have decreased from £430,000 to £405,337 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 SWANS REACH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SWANS REACH has not materially changed since October 2022.

How Large is 28 SWANS REACH?

28 SWANS REACH is 72m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 28 SWANS REACH lies on this distribution: 9% of detached houses houses are smaller than 28 SWANS REACH, and 90% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

28 SWANS REACH: Plot and Title Map

28 SWANS REACH sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 28 SWANS REACH, 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 28 SWANS REACH). 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 28 SWANS REACH?

28 SWANS REACH is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 28 on SWANS REACH.