8, CASTLE DRIVE, FALMOUTH, TR11 4NF - £1,025,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CASTLE DRIVE is a very large extended detached house of 312m², built sometime from 2012 onwards, which could now be worth an estimated £1,502,583. It was last sold for £1,025,000 in August 2007, which was around 244% above the average August 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

8 CASTLE DRIVE Sold Prices

Land registry data shows two sales for 8 CASTLE DRIVE 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 8 CASTLE DRIVE 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
2007 20 AUG	£1,025,000	£298,261	244% above HPI
1995 31 AUG	£145,000	£70,760	105% above HPI

8 CASTLE DRIVE 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 8 CASTLE DRIVE sales from August 1995 and August 2007 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 1995 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the August 2007 sale, where it rises to 244% above the HPI. The line then continues to track at 244% above the HPI.

What might 8 CASTLE DRIVE be worth now?

8 CASTLE DRIVE might now be worth an estimated £1,502,583.

This is based on house price inflation of 46.6%, between August 2007 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.6% inflationary increase is applied to the most recent sale price for 8 CASTLE DRIVE of £1,025,000 on 20th August 2007. For the value to have increased from £1,025,000 to £1,502,583 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 8 CASTLE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2007 sale price of £1,025,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CASTLE DRIVE has not materially changed since August 2007.

How Large is 8 CASTLE DRIVE?

8 CASTLE DRIVE is 312m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where 8 CASTLE DRIVE lies on this distribution: 99% of detached houses houses are smaller than 8 CASTLE DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

8 CASTLE DRIVE: Plot and Title Map

8 CASTLE DRIVE sits on a plot of roughly 0.283 of an acre, or 1,145m². The below map shows the location of 8 CASTLE DRIVE, 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 8 CASTLE DRIVE). 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 8 CASTLE DRIVE?

8 CASTLE DRIVE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 8 on CASTLE DRIVE.