4, PIT MEADOW, FALMOUTH, TR11 4SF - £212,000

4 PIT MEADOW is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £212,000 in February 2014, which was around 24% below the average February 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

4 PIT MEADOW Sold Prices

Land registry data shows two sales for 4 PIT MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 4 PIT MEADOW sales were for 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
2014 24 FEB	£212,000	£278,574	24% below HPI
1996 25 OCT	£69,950	£75,369	7% below HPI

4 PIT MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 4 PIT MEADOW sales from October 1996 and February 2014 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 October 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 PIT MEADOW?

4 PIT MEADOW is 79m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 4 PIT MEADOW lies on this distribution: 16% of detached houses are smaller than 4 PIT MEADOW, and 84% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

4 PIT MEADOW: Plot and Title Map

4 PIT MEADOW sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 4 PIT MEADOW, 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 4 PIT MEADOW). 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 4 PIT MEADOW?

4 PIT MEADOW is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 4 on PIT MEADOW.