THE NEWHOUSE, SEA VIEW ROAD, FALMOUTH, TR11 4EF - £430,000

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

THE NEWHOUSE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £430,000 in April 2013, which was around 61% above the average April 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

THE NEWHOUSE Sold Prices

Land registry data shows three sales for THE NEWHOUSE 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. All of the three THE NEWHOUSE 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
2013 4 APR	£430,000	£267,346	61% above HPI
2005 29 SEP	£360,000	£261,624	38% above HPI
1998 30 NOV	£117,000	£91,367	28% above HPI

THE NEWHOUSE 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 THE NEWHOUSE sales between November 1998 and April 2013 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 September 2005 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2013 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE NEWHOUSE?

THE NEWHOUSE is 125m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 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 THE NEWHOUSE lies on this distribution: 64% of detached houses are smaller than THE NEWHOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

THE NEWHOUSE: Plot and Title Map

THE NEWHOUSE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of THE NEWHOUSE, 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 THE NEWHOUSE). 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 THE NEWHOUSE?

THE NEWHOUSE is located on SEA VIEW ROAD in FALMOUTH, in the TR11 postcode district. The below map shows the position of THE NEWHOUSE on SEA VIEW ROAD.