MAENVALE, MAENPORTH, FALMOUTH, TR11 5HN - £1,510,000

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

MAENVALE is a large extended detached house of 211m², built sometime between 2003 and 2006. It was last sold for £1,510,000 in October 2021, which was around 280% above the average October 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

MAENVALE Sold Prices

Land registry data shows four sales for MAENVALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four MAENVALE 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 28 OCT	£1,510,000	£397,885	280% above HPI
2016 26 OCT	£800,000	£304,899	162% above HPI
2005 23 SEP	£250,000	£261,624	4% below HPI
2001 23 JUL	£150,000	£128,745	17% above HPI

MAENVALE 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 four MAENVALE sales between July 2001 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 October 2016 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the October 2021 sale, where it rises to 280% above the HPI. The line then continues to track at 280% above the HPI.

How Large is MAENVALE?

MAENVALE is 211m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Maenporth, based on EPC data. The below chart shows the distribution of detached houses by size in Maenporth, and where MAENVALE lies on this distribution: 65% of detached houses are smaller than MAENVALE, and 35% of houses are larger. Note that EPC data is not available for all properties in Maenporth.

MAENVALE: Plot and Title Map

MAENVALE sits on a plot of roughly 0.232 of an acre, or 937m². The below map shows the location of MAENVALE, 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 MAENVALE). 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 MAENVALE?

MAENVALE is located in MAENPORTH, in the TR11 postcode district. The below map shows the position of MAENVALE in MAENPORTH.