56, DRACAENA AVENUE, FALMOUTH, TR11 2EJ - £210,000

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

56 DRACAENA AVENUE is a small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £210,000 in August 2006, which was around 23% below the average August 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

56 DRACAENA AVENUE Sold Prices

Land registry data shows three sales for 56 DRACAENA AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 56 DRACAENA AVENUE 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
2006 3 AUG	£210,000	£271,309	23% below HPI
1999 4 JUN	£78,000	£95,052	18% below HPI
1998 29 OCT	£72,000	£91,148	21% below HPI

56 DRACAENA AVENUE 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 three 56 DRACAENA AVENUE sales between October 1998 and August 2006 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 June 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2006 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 56 DRACAENA AVENUE?

56 DRACAENA AVENUE is 93m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 56 DRACAENA AVENUE lies on this distribution: 31% of detached houses are smaller than 56 DRACAENA AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

56 DRACAENA AVENUE: Plot and Title Map

56 DRACAENA AVENUE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 56 DRACAENA AVENUE, 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 56 DRACAENA AVENUE). 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 56 DRACAENA AVENUE?

56 DRACAENA AVENUE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 56 on DRACAENA AVENUE.