1, THE OLD SCHOOLHOUSE, CLARE TERRACE, FALMOUTH, TR11 3ES - £172,500

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 THE OLD SCHOOLHOUSE is a large terraced house of 135m², built sometime before 1900, which could now be worth an estimated £630,250. It was last sold for £172,500 in August 2001, which was around 165% above the average August 2001 terraced price in the Cornwall local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

1 THE OLD SCHOOLHOUSE Sold Prices

Land registry data shows two sales for 1 THE OLD SCHOOLHOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 1 THE OLD SCHOOLHOUSE 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
2001 17 AUG	£172,500	£65,212	165% above HPI
1996 4 JUL	£94,000	£36,823	155% above HPI

1 THE OLD SCHOOLHOUSE 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 two 1 THE OLD SCHOOLHOUSE sales from July 1996 and August 2001 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 July 1996 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the August 2001 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

What might 1 THE OLD SCHOOLHOUSE be worth now?

1 THE OLD SCHOOLHOUSE might now be worth an estimated £630,250.

This is based on house price inflation of 265.4%, between August 2001 and August 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 265.4% inflationary increase is applied to the most recent sale price for 1 THE OLD SCHOOLHOUSE of £172,500 on 17th August 2001. For the value to have increased from £172,500 to £630,250 over the 24 years to August 2025, the following assumptions must hold true:

• The value of 1 THE OLD SCHOOLHOUSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2001 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE OLD SCHOOLHOUSE has not materially changed since August 2001.

How Large is 1 THE OLD SCHOOLHOUSE?

1 THE OLD SCHOOLHOUSE is 135m² according to the EPC inspection conducted in April 2011. This puts it in the largest 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 THE OLD SCHOOLHOUSE lies on this distribution: 71% of terraced houses houses are smaller than 1 THE OLD SCHOOLHOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

1 THE OLD SCHOOLHOUSE: Plot and Title Map

1 THE OLD SCHOOLHOUSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 1 THE OLD SCHOOLHOUSE, 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 THE OLD SCHOOLHOUSE). 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 THE OLD SCHOOLHOUSE?

1 THE OLD SCHOOLHOUSE is located on CLARE TERRACE in FALMOUTH, in the TR11 postcode district. The below map shows the position of 1 THE OLD SCHOOLHOUSE on CLARE TERRACE.