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

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

TWIN OAKS is a midsized detached house of 136m², built sometime between 2003 and 2006. It was last sold for £650,000 in November 2011, which was around 139% 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	£272,032	139% above HPI
1999 1 APR	£63,000	£93,157	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2011 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

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 in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses by size in Mawnan Smith, and where TWIN OAKS lies on this distribution: 53% of detached houses are smaller than TWIN OAKS, and 47% 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.