4, FIVE FIELDS LANE, FALMOUTH, TR11 2LL - £177,000

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

4 FIVE FIELDS LANE is a very small detached house of 48m², built sometime from 2007 onwards. It was last sold for £177,000 in January 2016, which was around 42% below the average January 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

4 FIVE FIELDS LANE Sold Prices

Land registry data shows two sales for 4 FIVE FIELDS LANE 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 4 FIVE FIELDS LANE 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
2016 15 JAN	£177,000	£303,694	42% below HPI
2009 10 DEC	£129,000	£266,202	52% below HPI

4 FIVE FIELDS LANE 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 4 FIVE FIELDS LANE sales from December 2009 and January 2016 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 2009 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 4 FIVE FIELDS LANE?

4 FIVE FIELDS LANE is 48m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 4 FIVE FIELDS LANE lies on this distribution: 1% of detached houses are smaller than 4 FIVE FIELDS LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

4 FIVE FIELDS LANE: Plot and Title Map

4 FIVE FIELDS LANE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 4 FIVE FIELDS LANE, 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 4 FIVE FIELDS LANE). 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 4 FIVE FIELDS LANE?

4 FIVE FIELDS LANE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 4 on FIVE FIELDS LANE.