SEABIEN, PENWERRIS TERRACE, FALMOUTH, TR11 2PB - £320,000

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

SEABIEN is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £320,000 in June 2011, which was around 21% above the average June 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

SEABIEN Sold Prices

Land registry data shows two sales for SEABIEN 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 SEABIEN 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
2011 24 JUN	£320,000	£264,650	21% above HPI
2004 27 MAY	£295,000	£235,691	25% above HPI

SEABIEN 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 SEABIEN sales from May 2004 and June 2011 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 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2011 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is SEABIEN?

SEABIEN is 92m² according to the EPC inspection conducted in January 2011. 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 SEABIEN lies on this distribution: 31% of detached houses are smaller than SEABIEN, and 69% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

SEABIEN: Plot and Title Map

SEABIEN sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of SEABIEN, 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 SEABIEN). 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 SEABIEN?

SEABIEN is located on PENWERRIS TERRACE in FALMOUTH, in the TR11 postcode district. The below map shows the position of SEABIEN on PENWERRIS TERRACE.