KNIGHTS MEADOW, CASTLE VIEW PARK, MAWNAN SMITH, FALMOUTH, TR11 5HB - £650,000

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

KNIGHTS MEADOW is a very large extended detached house of 231m², built sometime between 1976 and 1982, which could now be worth an estimated £788,641. It was last sold for £650,000 in September 2020, which was around 80% above the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

KNIGHTS MEADOW Sold Prices

Land registry data shows three sales for KNIGHTS MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three KNIGHTS MEADOW 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
2020 28 SEP	£650,000	£360,367	80% above HPI
2014 7 FEB	£475,000	£282,963	68% above HPI
2007 17 AUG	£472,000	£298,261	58% above HPI

KNIGHTS MEADOW 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 three KNIGHTS MEADOW sales between August 2007 and September 2020 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 February 2014 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2020 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might KNIGHTS MEADOW be worth now?

KNIGHTS MEADOW might now be worth an estimated £788,641.

This is based on house price inflation of 21.3%, between September 2020 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 21.3% inflationary increase is applied to the most recent sale price for KNIGHTS MEADOW of £650,000 on 28th September 2020. For the value to have increased from £650,000 to £788,641 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of KNIGHTS MEADOW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2020 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of KNIGHTS MEADOW has not materially changed since September 2020.

How Large is KNIGHTS MEADOW?

KNIGHTS MEADOW is 231m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% 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 KNIGHTS MEADOW lies on this distribution: 91% of detached houses houses are smaller than KNIGHTS MEADOW, and 9% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

KNIGHTS MEADOW: Plot and Title Map

KNIGHTS MEADOW sits on a plot of roughly 0.309 of an acre, or 1,250m². The below map shows the location of KNIGHTS MEADOW, 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 KNIGHTS MEADOW). 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 KNIGHTS MEADOW?

KNIGHTS MEADOW is located on CASTLE VIEW PARK in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of KNIGHTS MEADOW on CASTLE VIEW PARK.