OAKLAND, OAKLAND PARK, FALMOUTH, TR11 4JL - £283,000

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

OAKLAND is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £283,000 in July 2017, which was around 10% below the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

OAKLAND Sold Prices

Land registry data shows two sales for OAKLAND 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 OAKLAND 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
2017 3 JUL	£283,000	£312,780	10% below HPI
2011 7 OCT	£182,500	£274,646	34% below HPI

OAKLAND 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 OAKLAND sales from October 2011 and July 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 October 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is OAKLAND?

OAKLAND is 88m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where OAKLAND lies on this distribution: 25% of detached houses are smaller than OAKLAND, and 74% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

OAKLAND: Plot and Title Map

OAKLAND sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of OAKLAND, 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 OAKLAND). 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 OAKLAND?

OAKLAND is located on OAKLAND PARK in FALMOUTH, in the TR11 postcode district. The below map shows the position of OAKLAND on OAKLAND PARK.