61, MELVILL ROAD, FALMOUTH, TR11 4DF - £412,500

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

61 MELVILL ROAD is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £412,500 in October 2022, which was around 10% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

61 MELVILL ROAD Sold Prices

Land registry data shows two sales for 61 MELVILL ROAD 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. Both of the two 61 MELVILL ROAD 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
2022 28 OCT	£412,500	£456,640	10% below HPI
1997 8 DEC	£72,000	£85,978	16% below HPI

61 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 two 61 MELVILL ROAD sales from December 1997 and October 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 December 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 61 MELVILL ROAD?

61 MELVILL ROAD is 92m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 61 MELVILL ROAD lies on this distribution: 30% of detached houses are smaller than 61 MELVILL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

61 MELVILL ROAD: Plot and Title Map

61 MELVILL ROAD sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 61 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 61 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 61 MELVILL ROAD?

61 MELVILL ROAD is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 61 on MELVILL ROAD.