LERRYN, MEADOWBANK ROAD, FALMOUTH, TR11 2ND - £327,500

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.

LERRYN is a small extended semi-detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £333,803. It was last sold for £327,500 in June 2024, which was around 16% above the average June 2024 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

LERRYN Sold Prices

Land registry data shows two sales for LERRYN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two LERRYN 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
2024 13 JUN	£327,500	£282,806	16% above HPI
2004 6 OCT	£272,000	£168,512	61% above HPI

LERRYN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two LERRYN sales from October 2004 and June 2024 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 October 2004 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2024 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might LERRYN be worth now?

LERRYN might now be worth an estimated £333,803.

This is based on house price inflation of 1.9%, between June 2024 and February 2025, for semi-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 1.9% inflationary increase is applied to the most recent sale price for LERRYN of £327,500 on 13th June 2024. For the value to have increased from £327,500 to £333,803 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of LERRYN has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The June 2024 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of LERRYN has not materially changed since June 2024.

How Large is LERRYN?

LERRYN is 89m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of semi-detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Falmouth, and where LERRYN lies on this distribution: 27% of semi-detached houses houses are smaller than LERRYN, and 72% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

LERRYN: Plot and Title Map

LERRYN sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of LERRYN, 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 LERRYN). 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 LERRYN?

LERRYN is located on MEADOWBANK ROAD in FALMOUTH, in the TR11 postcode district. The below map shows the position of LERRYN on MEADOWBANK ROAD.