7, ELOWEN CLOSE, FALMOUTH, TR11 4PL - £427,500

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

7 ELOWEN CLOSE is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £427,500 in January 2020, which was around 26% above the average January 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

7 ELOWEN CLOSE Sold Prices

Land registry data shows three sales for 7 ELOWEN CLOSE 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 7 ELOWEN CLOSE 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
2020 15 JAN	£427,500	£340,517	26% above HPI
2009 25 AUG	£281,000	£260,930	8% above HPI
1996 27 SEP	£89,000	£74,657	19% above HPI

7 ELOWEN CLOSE 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 7 ELOWEN CLOSE sales between September 1996 and January 2020 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 August 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 ELOWEN CLOSE?

7 ELOWEN CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 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 7 ELOWEN CLOSE lies on this distribution: 64% of detached houses are smaller than 7 ELOWEN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

7 ELOWEN CLOSE: Plot and Title Map

7 ELOWEN CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 7 ELOWEN CLOSE, 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 7 ELOWEN CLOSE). 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 7 ELOWEN CLOSE?

7 ELOWEN CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 7 on ELOWEN CLOSE.