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

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

8 CASTLE DRIVE is a very large extended detached house of 312m², built sometime from 2012 onwards. It was last sold for £1,025,000 in August 2007, which was around 249% 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	£293,635	249% above HPI
1995 31 AUG	£145,000	£69,662	108% 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 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the August 2007 sale, where it rises to 249% above the HPI. The line then continues to track at 249% above the HPI.

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 in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 8 CASTLE DRIVE lies on this distribution: 99% of detached 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.