OLD ORCHARD, WOODLANE DRIVE, FALMOUTH, TR11 4QX - £420,000

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

OLD ORCHARD is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £420,000 in November 2020, which was around 13% above the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

OLD ORCHARD Sold Prices

Land registry data shows two sales for OLD ORCHARD 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 OLD ORCHARD 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
2020 6 NOV	£420,000	£371,513	13% above HPI
2019 11 JUL	£412,000	£337,063	22% above HPI

OLD ORCHARD 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 OLD ORCHARD sales from July 2019 and November 2020 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 July 2019 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is OLD ORCHARD?

OLD ORCHARD is 100m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where OLD ORCHARD lies on this distribution: 38% of detached houses are smaller than OLD ORCHARD, and 61% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

OLD ORCHARD: Plot and Title Map

OLD ORCHARD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of OLD ORCHARD, 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 OLD ORCHARD). 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 OLD ORCHARD?

OLD ORCHARD is located on WOODLANE DRIVE in FALMOUTH, in the TR11 postcode district. The below map shows the position of OLD ORCHARD on WOODLANE DRIVE.