44, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £365,000

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.

44 WATERSMEAD PARC is a midsized extended semi-detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £379,013. It was last sold for £365,000 in March 2022, which was around 31% above the average March 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

44 WATERSMEAD PARC Sold Prices

Land registry data shows three sales for 44 WATERSMEAD PARC since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 44 WATERSMEAD PARC 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
2022 30 MAR	£365,000	£277,592	31% above HPI
1997 15 OCT	£63,000	£53,596	18% above HPI
1996 1 MAR	£57,000	£45,156	26% above HPI

44 WATERSMEAD PARC Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 44 WATERSMEAD PARC sales between March 1996 and March 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 October 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 44 WATERSMEAD PARC be worth now?

44 WATERSMEAD PARC might now be worth an estimated £379,013.

This is based on house price inflation of 3.8%, between March 2022 and February 2025, for semi-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 3.8% inflationary increase is applied to the most recent sale price for 44 WATERSMEAD PARC of £365,000 on 30th March 2022. For the value to have increased from £365,000 to £379,013 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 44 WATERSMEAD PARC has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The March 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 44 WATERSMEAD PARC has not materially changed since March 2022.

How Large is 44 WATERSMEAD PARC?

44 WATERSMEAD PARC is 99m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of semi-detached houses houses in Budock Water, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Budock Water, and where 44 WATERSMEAD PARC lies on this distribution: 49% of semi-detached houses houses are smaller than 44 WATERSMEAD PARC, and 51% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

44 WATERSMEAD PARC: Plot and Title Map

44 WATERSMEAD PARC sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 44 WATERSMEAD PARC, 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 44 WATERSMEAD PARC). 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 44 WATERSMEAD PARC?

44 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 44 on WATERSMEAD PARC.