ANDORRA, PARK HILL, FALMOUTH, TR11 3QH - £320,000

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

ANDORRA is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £320,000 in August 2018, which was around 4% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

ANDORRA Sold Prices

Land registry data shows four sales for ANDORRA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four ANDORRA 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
2018 23 AUG	£320,000	£331,892	4% below HPI
2012 22 JUN	£230,000	£278,020	17% below HPI
2008 5 SEP	£250,000	£283,002	12% below HPI
2008 12 MAR	£178,000	£291,226	39% below HPI

ANDORRA 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 four ANDORRA sales between March 2008 and August 2018 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 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is ANDORRA?

ANDORRA is 59m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 ANDORRA lies on this distribution: 3% of detached houses are smaller than ANDORRA, and 97% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

ANDORRA: Plot and Title Map

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

ANDORRA is located on PARK HILL in FALMOUTH, in the TR11 postcode district. The below map shows the position of ANDORRA on PARK HILL.