ARCADIA, TREWEN ROAD, BUDOCK WATER, FALMOUTH, TR11 5EB - £245,000

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

ARCADIA is a midsized detached house of 93m², built sometime between 1950 and 1966. It was last sold for £245,000 in October 2010, which was around 14% below the average October 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.

ARCADIA Sold Prices

Land registry data shows two sales for ARCADIA 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 ARCADIA 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
2010 6 OCT	£245,000	£285,587	14% below HPI
1999 30 JUL	£65,000	£96,437	33% below HPI

ARCADIA 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 ARCADIA sales from July 1999 and October 2010 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 July 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2010 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is ARCADIA?

ARCADIA is 93m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses by size in Budock Water, and where ARCADIA lies on this distribution: 42% of detached houses are smaller than ARCADIA, and 58% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

ARCADIA: Plot and Title Map

ARCADIA sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of ARCADIA, 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 ARCADIA). 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 ARCADIA?

ARCADIA is located on TREWEN ROAD in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of ARCADIA on TREWEN ROAD.