24, LEMON HILL, MYLOR BRIDGE, FALMOUTH, TR11 5NA - £325,000

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.

24 LEMON HILL is a very small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £396,535. It was last sold for £325,000 in May 2020, which was around 77% above the average May 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was G, and the potential energy rating was D.

24 LEMON HILL Sold Prices

Land registry data shows two sales for 24 LEMON HILL 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 24 LEMON HILL 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 29 MAY	£325,000	£184,051	77% above HPI
2016 3 NOV	£295,000	£166,043	78% above HPI

24 LEMON HILL 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 24 LEMON HILL sales from November 2016 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 November 2016 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the May 2020 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 24 LEMON HILL be worth now?

24 LEMON HILL might now be worth an estimated £396,535.

This is based on house price inflation of 22%, between May 2020 and June 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 22% inflationary increase is applied to the most recent sale price for 24 LEMON HILL of £325,000 on 29th May 2020. For the value to have increased from £325,000 to £396,535 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 24 LEMON HILL has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The May 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LEMON HILL has not materially changed since May 2020.

How Large is 24 LEMON HILL?

24 LEMON HILL is 82m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of terraced houses houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mylor Bridge, and where 24 LEMON HILL lies on this distribution: 17% of terraced houses houses are smaller than 24 LEMON HILL, and 82% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

24 LEMON HILL: Plot and Title Map

24 LEMON HILL sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 24 LEMON HILL, 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 24 LEMON HILL). 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 24 LEMON HILL?

24 LEMON HILL is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 24 on LEMON HILL.