5, PARK CRESCENT, FALMOUTH, TR11 2DL - £395,000

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

5 PARK CRESCENT is a very small extended detached house of 79m², built sometime between 1900 and 1929. It was last sold for £395,000 in August 2019, which was around 16% above the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

5 PARK CRESCENT Sold Prices

Land registry data shows two sales for 5 PARK CRESCENT 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. One of the two 5 PARK CRESCENT sales was for above the average price, whilst the other was 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
2019 12 AUG	£395,000	£339,686	16% above HPI
2015 15 MAY	£292,500	£295,858	1% below HPI

5 PARK CRESCENT 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 5 PARK CRESCENT sales from May 2015 and August 2019 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 May 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 PARK CRESCENT?

5 PARK CRESCENT is 79m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 5 PARK CRESCENT lies on this distribution: 15% of detached houses are smaller than 5 PARK CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

5 PARK CRESCENT: Plot and Title Map

5 PARK CRESCENT sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 5 PARK CRESCENT, 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 5 PARK CRESCENT). 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 5 PARK CRESCENT?

5 PARK CRESCENT is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 5 on PARK CRESCENT.