4, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £360,000

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.

4 WATERSMEAD PARC is a large detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £457,575. It was last sold for £360,000 in February 2018, which was around 8% above the average February 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

4 WATERSMEAD PARC Sold Prices

Land registry data shows one sale for 4 WATERSMEAD PARC since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 FEB	£360,000	£333,031	8% above HPI

What might 4 WATERSMEAD PARC be worth now?

4 WATERSMEAD PARC might now be worth an estimated £457,575.

This is based on house price inflation of 27.1%, between February 2018 and April 2026, for detached 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 27.1% inflationary increase is applied to the most recent sale price for 4 WATERSMEAD PARC of £360,000 on 9th February 2018. For the value to have increased from £360,000 to £457,575 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 4 WATERSMEAD PARC has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WATERSMEAD PARC has not materially changed since February 2018.

How Large is 4 WATERSMEAD PARC?

4 WATERSMEAD PARC is 113m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses by size in Budock Water, and where 4 WATERSMEAD PARC lies on this distribution: 65% of detached houses are smaller than 4 WATERSMEAD PARC, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Budock Water.

4 WATERSMEAD PARC: Plot

4 WATERSMEAD PARC sits on a plot of roughly 0.134 of an acre, or 542m².

Where is 4 WATERSMEAD PARC?

4 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district.