CEDAR RIDGE, CARLIDNACK ROAD, MAWNAN SMITH, FALMOUTH, TR11 5HA - £502,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CEDAR RIDGE is a large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £543,626. It was last sold for £502,500 in October 2021, which was around 24% above the average October 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2021, where the current energy rating was F, and the potential energy rating was D.

CEDAR RIDGE Sold Prices

Land registry data shows two sales for CEDAR RIDGE 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 CEDAR RIDGE 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
2021 22 OCT	£502,500	£404,154	24% above HPI
1995 5 MAY	£132,500	£71,860	84% above HPI

CEDAR RIDGE 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 CEDAR RIDGE sales from May 1995 and October 2021 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 May 1995 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the October 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might CEDAR RIDGE be worth now?

CEDAR RIDGE might now be worth an estimated £543,626.

This is based on house price inflation of 8.2%, between October 2021 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 8.2% inflationary increase is applied to the most recent sale price for CEDAR RIDGE of £502,500 on 22nd October 2021. For the value to have increased from £502,500 to £543,626 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of CEDAR RIDGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2021 sale price of £502,500 represented a fair market value for the property.
• The size, condition, and specification of CEDAR RIDGE has not materially changed since October 2021.

How Large is CEDAR RIDGE?

CEDAR RIDGE is 158m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 40% of detached houses houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mawnan Smith, and where CEDAR RIDGE lies on this distribution: 69% of detached houses houses are smaller than CEDAR RIDGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

CEDAR RIDGE: Plot and Title Map

CEDAR RIDGE sits on a plot of roughly 0.266 of an acre, or 1,078m². The below map shows the location of CEDAR RIDGE, 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 CEDAR RIDGE). 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 CEDAR RIDGE?

CEDAR RIDGE is located on CARLIDNACK ROAD in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of CEDAR RIDGE on CARLIDNACK ROAD.