2, HARBOUR TERRACE, FALMOUTH, TR11 2AN - £450,000

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.

2 HARBOUR TERRACE is a large extended terraced house of 140m², built sometime before 1900, which could now be worth an estimated £582,540. It was last sold for £450,000 in May 2020, which was around 144% above the average May 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

2 HARBOUR TERRACE Sold Prices

Land registry data shows three sales for 2 HARBOUR TERRACE 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 2 HARBOUR TERRACE 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
2020 22 MAY	£450,000	£184,051	144% above HPI
2009 10 DEC	£355,000	£150,950	135% above HPI
1999 30 SEP	£125,000	£49,371	153% above HPI

2 HARBOUR TERRACE 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 2 HARBOUR TERRACE sales between September 1999 and May 2020 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 December 2009 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the May 2020 sale, where it rises to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might 2 HARBOUR TERRACE be worth now?

2 HARBOUR TERRACE might now be worth an estimated £582,540.

This is based on house price inflation of 29.5%, between May 2020 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 29.5% inflationary increase is applied to the most recent sale price for 2 HARBOUR TERRACE of £450,000 on 22nd May 2020. For the value to have increased from £450,000 to £582,540 over the four years and nine months to August 2025, the following assumptions must hold true:

• The value of 2 HARBOUR TERRACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The May 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HARBOUR TERRACE has not materially changed since May 2020.

How Large is 2 HARBOUR TERRACE?

2 HARBOUR TERRACE is 140m², which includes two extensions, according to the EPC inspection conducted in March 2014. 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 2 HARBOUR TERRACE lies on this distribution: 73% of terraced houses houses are smaller than 2 HARBOUR TERRACE, and 26% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

2 HARBOUR TERRACE: Plot and Title Map

2 HARBOUR TERRACE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2 HARBOUR TERRACE, 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 2 HARBOUR TERRACE). 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 2 HARBOUR TERRACE?

2 HARBOUR TERRACE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 2 on HARBOUR TERRACE.