1, GEACHS COTTAGES, THE PACKET QUAYS, FALMOUTH, TR11 2UG - £300,000

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.

1 GEACHS COTTAGES is a small terraced house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £404,485. It was last sold for £300,000 in October 2015, which was around 80% above the average October 2015 terraced price in the Cornwall local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

1 GEACHS COTTAGES Sold Prices

Land registry data shows three sales for 1 GEACHS COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 1 GEACHS COTTAGES 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
2015 23 OCT	£300,000	£166,554	80% above HPI
2000 24 AUG	£122,000	£57,958	110% above HPI
1999 30 MAR	£89,500	£46,886	91% above HPI

1 GEACHS COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The three 1 GEACHS COTTAGES sales between March 1999 and October 2015 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 August 2000 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the October 2015 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 1 GEACHS COTTAGES be worth now?

1 GEACHS COTTAGES might now be worth an estimated £404,485.

This is based on house price inflation of 34.8%, between October 2015 and June 2025, for terraced 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 34.8% inflationary increase is applied to the most recent sale price for 1 GEACHS COTTAGES of £300,000 on 23rd October 2015. For the value to have increased from £300,000 to £404,485 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 1 GEACHS COTTAGES has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The October 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GEACHS COTTAGES has not materially changed since October 2015.

How Large is 1 GEACHS COTTAGES?

1 GEACHS COTTAGES is 85m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of terraced houses houses in Falmouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Falmouth, and where 1 GEACHS COTTAGES lies on this distribution: 24% of terraced houses houses are smaller than 1 GEACHS COTTAGES, and 76% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

1 GEACHS COTTAGES: Plot and Title Map

1 GEACHS COTTAGES sits on a plot of roughly 1.2 acres, or 4,988m². The below map shows the location of 1 GEACHS COTTAGES, 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 1 GEACHS COTTAGES). 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 1 GEACHS COTTAGES?

1 GEACHS COTTAGES is located on THE PACKET QUAYS in FALMOUTH, in the TR11 postcode district. The below map shows the position of 1 GEACHS COTTAGES on THE PACKET QUAYS.