PINE GARTH, GROVE HILL, MAWNAN SMITH, FALMOUTH, TR11 5ER - £630,000

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

PINE GARTH is a very large extended detached house of 195m², built sometime between 1983 and 1990. It was last sold for £630,000 in July 2014, which was around 124% above the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

PINE GARTH Sold Prices

Land registry data shows two sales for PINE GARTH 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 PINE GARTH 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
2014 4 JUL	£630,000	£281,141	124% above HPI
2003 28 JUL	£420,000	£214,306	96% above HPI

PINE GARTH 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 PINE GARTH sales from July 2003 and July 2014 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 2003 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the July 2014 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is PINE GARTH?

PINE GARTH is 195m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses by size in Mawnan Smith, and where PINE GARTH lies on this distribution: 88% of detached houses are smaller than PINE GARTH, and 12% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

PINE GARTH: Plot and Title Map

PINE GARTH sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of PINE GARTH, 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 PINE GARTH). 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 PINE GARTH?

PINE GARTH is located on GROVE HILL in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of PINE GARTH on GROVE HILL.