56, MELVILL ROAD, FALMOUTH, TR11 4DD - £630,000

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 MELVILL ROAD is a very large extended detached house of 182m², built sometime between 1900 and 1929. It was last sold for £630,000 in May 2019, which was around 91% above the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

56 MELVILL ROAD Sold Prices

Land registry data shows three sales for 56 MELVILL ROAD 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 MELVILL ROAD 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
2019 24 MAY	£630,000	£329,130	91% above HPI
2016 29 JUN	£600,000	£295,169	103% above HPI
2006 12 SEP	£445,000	£275,675	61% above HPI

56 MELVILL ROAD 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 MELVILL ROAD sales between September 2006 and May 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 June 2016 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the May 2019 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is 56 MELVILL ROAD?

56 MELVILL ROAD is 182m², which includes four extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 56 MELVILL ROAD lies on this distribution: 89% of detached houses are smaller than 56 MELVILL ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

56 MELVILL ROAD: Plot and Title Map

56 MELVILL ROAD sits on a plot of roughly 0.290 of an acre, or 1,172m². The below map shows the location of 56 MELVILL ROAD, 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 MELVILL ROAD). 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 MELVILL ROAD?

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