4, NANGITHA CLOSE, BUDOCK WATER, FALMOUTH, TR11 5DX - £345,000

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.

4 NANGITHA CLOSE is a midsized extended detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £436,117. It was last sold for £345,000 in January 2020, which was about the average January 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

4 NANGITHA CLOSE Sold Prices

Land registry data shows four sales for 4 NANGITHA 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. The four 4 NANGITHA CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2020 10 JAN	£345,000	£345,881	Close to HPI
2011 28 OCT	£250,000	£278,973	10% below HPI
2005 18 FEB	£249,950	£259,038	4% below HPI
1998 8 APR	£107,500	£87,614	23% above HPI

4 NANGITHA 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 4 NANGITHA CLOSE sales between April 1998 and January 2020 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 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 NANGITHA CLOSE be worth now?

4 NANGITHA CLOSE might now be worth an estimated £436,117.

This is based on house price inflation of 26.4%, between January 2020 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 26.4% inflationary increase is applied to the most recent sale price for 4 NANGITHA CLOSE of £345,000 on 10th January 2020. For the value to have increased from £345,000 to £436,117 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 NANGITHA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NANGITHA CLOSE has not materially changed since January 2020.

How Large is 4 NANGITHA CLOSE?

4 NANGITHA CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% 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 4 NANGITHA CLOSE lies on this distribution: 56% of detached houses houses are smaller than 4 NANGITHA CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

4 NANGITHA CLOSE: Plot and Title Map

4 NANGITHA CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 NANGITHA 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 4 NANGITHA 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 4 NANGITHA CLOSE?

4 NANGITHA CLOSE is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 4 on NANGITHA CLOSE.