3, PARK DRIVE, FALMOUTH, TR11 2DZ - £475,000

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

3 PARK DRIVE is a large detached house of 133m², built sometime from 2007 onwards. It was last sold for £475,000 in March 2021, which was around 26% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

3 PARK DRIVE Sold Prices

Land registry data shows three sales for 3 PARK DRIVE 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 3 PARK DRIVE 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
2021 1 MAR	£475,000	£375,921	26% above HPI
2013 31 OCT	£370,000	£277,618	33% above HPI
2009 14 OCT	£345,000	£260,752	32% above HPI

3 PARK 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 three 3 PARK DRIVE sales between October 2009 and March 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 October 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 PARK DRIVE?

3 PARK DRIVE is 133m² according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 3 PARK DRIVE lies on this distribution: 70% of detached houses are smaller than 3 PARK DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

3 PARK DRIVE: Plot and Title Map

3 PARK DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 3 PARK 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 3 PARK 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 3 PARK DRIVE?

3 PARK DRIVE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 3 on PARK DRIVE.