31, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £199,999

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.

31 WATERSMEAD PARC is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £249,346. It was last sold for £199,999 in January 2020, which was around 9% above the average January 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

31 WATERSMEAD PARC Sold Prices

Land registry data shows six sales for 31 WATERSMEAD PARC since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. The six 31 WATERSMEAD PARC sales were a mix of above the average price, roughly equal to the average price, and below 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 31 JAN	£199,999	£183,731	9% above HPI
2006 3 FEB	£145,000	£144,781	Close to HPI
2003 10 APR	£112,000	£101,477	10% above HPI
2000 20 OCT	£57,000	£59,779	5% below HPI
1999 16 APR	£47,500	£47,001	1% above HPI
1997 4 JUL	£43,750	£41,124	6% above HPI

31 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 six 31 WATERSMEAD PARC sales between July 1997 and January 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 February 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 31 WATERSMEAD PARC be worth now?

31 WATERSMEAD PARC might now be worth an estimated £249,346.

This is based on house price inflation of 24.7%, between January 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 24.7% inflationary increase is applied to the most recent sale price for 31 WATERSMEAD PARC of £199,999 on 31st January 2020. For the value to have increased from £199,999 to £249,346 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 31 WATERSMEAD PARC has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The January 2020 sale price of £199,999 represented a fair market value for the property.
• The size, condition, and specification of 31 WATERSMEAD PARC has not materially changed since January 2020.

How Large is 31 WATERSMEAD PARC?

31 WATERSMEAD PARC is 56m² according to the EPC inspection conducted in December 2021. 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 31 WATERSMEAD PARC lies on this distribution: Less than 1% of terraced houses houses are smaller than 31 WATERSMEAD PARC, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

31 WATERSMEAD PARC: Plot and Title Map

31 WATERSMEAD PARC sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 31 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 31 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 31 WATERSMEAD PARC?

31 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 31 on WATERSMEAD PARC.