2, RESTORMEL TERRACE, FALMOUTH, TR11 3HW - £623,000

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 RESTORMEL TERRACE is a large extended terraced house of 150m², built sometime before 1900, which could now be worth an estimated £883,032. It was last sold for £623,000 in April 2017, which was around 271% above the average April 2017 terraced price in the Cornwall local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

2 RESTORMEL TERRACE Sold Prices

Land registry data shows three sales for 2 RESTORMEL 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 RESTORMEL 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
2017 12 APR	£623,000	£168,098	271% above HPI
2011 8 JUL	£475,000	£149,820	217% above HPI
2008 21 NOV	£425,000	£152,560	179% above HPI

2 RESTORMEL 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 RESTORMEL TERRACE sales between November 2008 and April 2017 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 2011 sale was for 217% above the HPI. So the extrapolation line tracks at 217% above the HPI over time, until the April 2017 sale, where it rises to 271% above the HPI. The line then continues to track at 271% above the HPI.

What might 2 RESTORMEL TERRACE be worth now?

2 RESTORMEL TERRACE might now be worth an estimated £883,032.

This is based on house price inflation of 41.7%, between April 2017 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 41.7% inflationary increase is applied to the most recent sale price for 2 RESTORMEL TERRACE of £623,000 on 12th April 2017. For the value to have increased from £623,000 to £883,032 over the seven years and eight months to August 2025, the following assumptions must hold true:

• The value of 2 RESTORMEL TERRACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The April 2017 sale price of £623,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RESTORMEL TERRACE has not materially changed since April 2017.

How Large is 2 RESTORMEL TERRACE?

2 RESTORMEL TERRACE is 150m², which includes one extension, according to the EPC inspection conducted in February 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 2 RESTORMEL TERRACE lies on this distribution: 79% of terraced houses houses are smaller than 2 RESTORMEL TERRACE, and 21% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

2 RESTORMEL TERRACE: Plot and Title Map

2 RESTORMEL TERRACE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2 RESTORMEL 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 RESTORMEL 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 RESTORMEL TERRACE?

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