TWIN OAKS, CARLIDNACK LANE, MAWNAN SMITH, FALMOUTH, TR11 5HE - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TWIN OAKS is a midsized detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £1,028,526. It was last sold for £650,000 in November 2011, which was around 135% above the average November 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

TWIN OAKS Sold Prices

Land registry data shows two sales for TWIN OAKS 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. One of the two TWIN OAKS sales was for above the average price, whilst the other was 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
2011 1 NOV	£650,000	£276,318	135% above HPI
1999 1 APR	£63,000	£94,624	33% below HPI

TWIN OAKS 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 TWIN OAKS sales from April 1999 and November 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 April 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2011 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

What might TWIN OAKS be worth now?

TWIN OAKS might now be worth an estimated £1,028,526.

This is based on house price inflation of 58.2%, between November 2011 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.2% inflationary increase is applied to the most recent sale price for TWIN OAKS of £650,000 on 1st November 2011. For the value to have increased from £650,000 to £1,028,526 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of TWIN OAKS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2011 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of TWIN OAKS has not materially changed since November 2011.

How Large is TWIN OAKS?

TWIN OAKS is 136m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mawnan Smith, and where TWIN OAKS lies on this distribution: 54% of detached houses houses are smaller than TWIN OAKS, and 46% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

TWIN OAKS: Plot and Title Map

TWIN OAKS sits on a plot of roughly 0.385 of an acre, or 1,558m². The below map shows the location of TWIN OAKS, 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 TWIN OAKS). 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 TWIN OAKS?

TWIN OAKS is located on CARLIDNACK LANE in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of TWIN OAKS on CARLIDNACK LANE.