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
AVALEN is a large detached house of 125m², built in 2018. It was last sold for £545,000 in February 2023, which was around 23% above the average February 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for AVALEN since 1st 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 AVALEN 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 |
---|---|---|---|
2023 3 FEB | £545,000 | £444,241 | 23% above HPI |
2017 11 AUG | £560,000 | £316,709 | 77% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two AVALEN sales from August 2017 and February 2023 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 2017 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the February 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
AVALEN is 125m² according to the EPC inspection conducted in April 2021. 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 AVALEN lies on this distribution: 64% of detached houses are smaller than AVALEN, and 36% of houses are larger. Note that EPC data is not available for all properties in Falmouth.
AVALEN sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of AVALEN, 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 AVALEN). 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.
AVALEN is located on SYMONS HILL in FALMOUTH, in the TR11 postcode district. The below map shows the position of AVALEN on SYMONS HILL.