NIA HEJMO, BUDOCK WATER, FALMOUTH, TR11 5DT - £359,950

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

NIA HEJMO is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £359,950 in September 2017, which was around 12% above the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

NIA HEJMO Sold Prices

Land registry data shows three sales for NIA HEJMO 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. Two of the three NIA HEJMO sales were for above the average price, whilst one was 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
2017 22 SEP	£359,950	£321,865	12% above HPI
2012 17 MAY	£287,000	£274,769	4% above HPI
2006 19 MAY	£235,000	£267,838	12% below HPI

NIA HEJMO 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 NIA HEJMO sales between May 2006 and September 2017 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 May 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is NIA HEJMO?

NIA HEJMO is 72m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses by size in Budock Water, and where NIA HEJMO lies on this distribution: 11% of detached houses are smaller than NIA HEJMO, and 89% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

NIA HEJMO: Plot and Title Map

NIA HEJMO sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of NIA HEJMO, 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 NIA HEJMO). 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 NIA HEJMO?

NIA HEJMO is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of NIA HEJMO in BUDOCK WATER.