31, VICARAGE CLOSE, BUDOCK WATER, FALMOUTH, TR11 5DB - £227,000

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.

31 VICARAGE CLOSE is a very large extended detached house of 175m², built sometime between 1967 and 1975, which could now be worth an estimated £558,314. It was last sold for £227,000 in September 2002, which was around 28% above the average September 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was D.

31 VICARAGE CLOSE Sold Prices

Land registry data shows four sales for 31 VICARAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 31 VICARAGE 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
2002 13 SEP	£227,000	£177,770	28% above HPI
2000 4 DEC	£145,000	£122,447	18% above HPI
2000 20 JUN	£130,000	£113,178	15% above HPI
1997 17 OCT	£96,000	£86,426	11% above HPI

31 VICARAGE 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 four 31 VICARAGE CLOSE sales between October 1997 and September 2002 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 December 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2002 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 31 VICARAGE CLOSE be worth now?

31 VICARAGE CLOSE might now be worth an estimated £558,314.

This is based on house price inflation of 146%, between September 2002 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 146% inflationary increase is applied to the most recent sale price for 31 VICARAGE CLOSE of £227,000 on 13th September 2002. For the value to have increased from £227,000 to £558,314 over the 23 years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 VICARAGE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2002 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 31 VICARAGE CLOSE has not materially changed since September 2002.

How Large is 31 VICARAGE CLOSE?

31 VICARAGE CLOSE is 175m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses houses by size in Budock Water, and where 31 VICARAGE CLOSE lies on this distribution: 85% of detached houses houses are smaller than 31 VICARAGE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

31 VICARAGE CLOSE: Plot and Title Map

31 VICARAGE CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 31 VICARAGE 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 31 VICARAGE 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 31 VICARAGE CLOSE?

31 VICARAGE CLOSE is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 31 on VICARAGE CLOSE.