23, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £199,500

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.

23 WATERSMEAD PARC is a very small terraced house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £238,605. It was last sold for £199,500 in September 2020, which was around 4% above the average September 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

23 WATERSMEAD PARC Sold Prices

Land registry data shows four sales for 23 WATERSMEAD PARC 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. Most of the four 23 WATERSMEAD PARC 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 16 SEP	£199,500	£191,523	4% above HPI
2012 20 JUL	£143,000	£154,717	8% below HPI
2001 18 SEP	£72,950	£67,256	8% above HPI
1997 19 DEC	£44,500	£43,186	3% above HPI

23 WATERSMEAD PARC 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 WATERSMEAD PARC sales between December 1997 and September 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 July 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 23 WATERSMEAD PARC be worth now?

23 WATERSMEAD PARC might now be worth an estimated £238,605.

This is based on house price inflation of 19.6%, between September 2020 and April 2026, 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 19.6% inflationary increase is applied to the most recent sale price for 23 WATERSMEAD PARC of £199,500 on 16th September 2020. For the value to have increased from £199,500 to £238,605 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 23 WATERSMEAD PARC has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2020 sale price of £199,500 represented a fair market value for the property.
• The size, condition, and specification of 23 WATERSMEAD PARC has not materially changed since September 2020.

How Large is 23 WATERSMEAD PARC?

23 WATERSMEAD PARC is 67m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of terraced houses houses in Budock Water, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Budock Water, and where 23 WATERSMEAD PARC lies on this distribution: 7% of terraced houses houses are smaller than 23 WATERSMEAD PARC, and 93% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

23 WATERSMEAD PARC: Plot and Title Map

23 WATERSMEAD PARC sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 23 WATERSMEAD PARC, 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 WATERSMEAD PARC). 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 WATERSMEAD PARC?

23 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 23 on WATERSMEAD PARC.