MEADOW BANK COTTAGE, MEADOWBANK ROAD, FALMOUTH, TR11 2ND - £250,000

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

MEADOW BANK COTTAGE is a very small detached house of 41m², built sometime between 1900 and 1929. It was last sold for £250,000 in June 2018, which was around 24% below the average June 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

MEADOW BANK COTTAGE Sold Prices

Land registry data shows two sales for MEADOW BANK COTTAGE 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 MEADOW BANK COTTAGE 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
2018 15 JUN	£250,000	£326,989	24% below HPI
2012 20 JAN	£135,000	£269,821	50% below HPI

MEADOW BANK COTTAGE 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 MEADOW BANK COTTAGE sales from January 2012 and June 2018 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 January 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is MEADOW BANK COTTAGE?

MEADOW BANK COTTAGE is 41m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where MEADOW BANK COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than MEADOW BANK COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

MEADOW BANK COTTAGE: Plot and Title Map

MEADOW BANK COTTAGE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of MEADOW BANK COTTAGE, 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 MEADOW BANK COTTAGE). 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 MEADOW BANK COTTAGE?

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