23, HARBOUR TERRACE, FALMOUTH, TR11 2AN - £425,000

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.

23 HARBOUR TERRACE is a small extended terraced house of 98m², built sometime before 1900, which could now be worth an estimated £550,889. It was last sold for £425,000 in August 2019, which was around 131% above the average August 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

23 HARBOUR TERRACE Sold Prices

Land registry data shows four sales for 23 HARBOUR TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 23 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
2019 2 AUG	£425,000	£183,813	131% above HPI
2013 14 JUN	£350,000	£152,182	130% above HPI
2011 8 APR	£375,000	£150,154	150% above HPI
2009 2 NOV	£230,000	£148,777	55% above HPI

23 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 four 23 HARBOUR TERRACE sales between November 2009 and August 2019 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 June 2013 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the August 2019 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might 23 HARBOUR TERRACE be worth now?

23 HARBOUR TERRACE might now be worth an estimated £550,889.

This is based on house price inflation of 29.6%, between August 2019 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 29.6% inflationary increase is applied to the most recent sale price for 23 HARBOUR TERRACE of £425,000 on 2nd August 2019. For the value to have increased from £425,000 to £550,889 over the six years to August 2025, the following assumptions must hold true:

• The value of 23 HARBOUR TERRACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HARBOUR TERRACE has not materially changed since August 2019.

How Large is 23 HARBOUR TERRACE?

23 HARBOUR TERRACE is 98m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% 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 23 HARBOUR TERRACE lies on this distribution: 37% of terraced houses houses are smaller than 23 HARBOUR TERRACE, and 63% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

23 HARBOUR TERRACE: Plot and Title Map

23 HARBOUR TERRACE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 23 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 23 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 23 HARBOUR TERRACE?

23 HARBOUR TERRACE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 23 on HARBOUR TERRACE.