CLIPPER CORNER, CLAREMONT TERRACE, FALMOUTH, TR11 2AJ - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CLIPPER CORNER is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £409,451. It was last sold for £425,000 in March 2023, which was around 6% below the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

CLIPPER CORNER Sold Prices

Land registry data shows two sales for CLIPPER CORNER 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 CLIPPER CORNER 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
2023 7 MAR	£425,000	£453,835	6% below HPI
2005 17 AUG	£245,000	£263,688	7% below HPI

CLIPPER CORNER 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 CLIPPER CORNER sales from August 2005 and March 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might CLIPPER CORNER be worth now?

CLIPPER CORNER might now be worth an estimated £409,451.

This is based on house price deflation of 3.7%, between March 2023 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 3.7% deflationary decrease is applied to the most recent sale price for CLIPPER CORNER of £425,000 on 7th March 2023. For the value to have decreased from £425,000 to £409,451 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of CLIPPER CORNER has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of CLIPPER CORNER has not materially changed since March 2023.

How Large is CLIPPER CORNER?

CLIPPER CORNER is 81m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where CLIPPER CORNER lies on this distribution: 17% of detached houses houses are smaller than CLIPPER CORNER, and 83% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

CLIPPER CORNER: Plot and Title Map

CLIPPER CORNER sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of CLIPPER CORNER, 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 CLIPPER CORNER). 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 CLIPPER CORNER?

CLIPPER CORNER is located on CLAREMONT TERRACE in FALMOUTH, in the TR11 postcode district. The below map shows the position of CLIPPER CORNER on CLAREMONT TERRACE.