45, DRACAENA AVENUE, FALMOUTH, TR11 2EG - £172,500

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.

45 DRACAENA AVENUE is a large terraced house of 150m², built sometime between 1900 and 1929, which could now be worth an estimated £249,270. It was last sold for £172,500 in August 2016, which was around 5% above the average August 2016 terraced price in the Cornwall local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

45 DRACAENA AVENUE Sold Prices

Land registry data shows two sales for 45 DRACAENA AVENUE 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 45 DRACAENA AVENUE 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
2016 16 AUG	£172,500	£164,881	5% above HPI
2000 28 FEB	£60,000	£52,252	15% above HPI

45 DRACAENA AVENUE 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 45 DRACAENA AVENUE sales from February 2000 and August 2016 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 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 45 DRACAENA AVENUE be worth now?

45 DRACAENA AVENUE might now be worth an estimated £249,270.

This is based on house price inflation of 44.5%, between August 2016 and August 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 44.5% inflationary increase is applied to the most recent sale price for 45 DRACAENA AVENUE of £172,500 on 16th August 2016. For the value to have increased from £172,500 to £249,270 over the nine years to August 2025, the following assumptions must hold true:

• The value of 45 DRACAENA AVENUE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2016 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 45 DRACAENA AVENUE has not materially changed since August 2016.

How Large is 45 DRACAENA AVENUE?

45 DRACAENA AVENUE is 150m² according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of terraced houses houses in Falmouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Falmouth, and where 45 DRACAENA AVENUE lies on this distribution: 78% of terraced houses houses are smaller than 45 DRACAENA AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

45 DRACAENA AVENUE: Plot and Title Map

45 DRACAENA AVENUE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 45 DRACAENA AVENUE, 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 45 DRACAENA AVENUE). 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 45 DRACAENA AVENUE?

45 DRACAENA AVENUE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 45 on DRACAENA AVENUE.