45, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £185,000

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.

45 WATERSMEAD PARC is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £255,650. It was last sold for £185,000 in January 2017, which was around 12% above the average January 2017 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was B.

45 WATERSMEAD PARC Sold Prices

Land registry data shows six sales for 45 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. All of the six 45 WATERSMEAD PARC 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
2017 16 JAN	£185,000	£165,761	12% above HPI
2013 18 SEP	£160,000	£154,971	3% above HPI
2002 25 OCT	£110,000	£89,425	23% above HPI
2000 28 APR	£56,940	£54,169	5% above HPI
1997 28 NOV	£44,500	£43,051	3% above HPI
1996 1 MAR	£44,000	£36,076	22% above HPI

45 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 45 WATERSMEAD PARC sales between March 1996 and January 2017 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 September 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 45 WATERSMEAD PARC be worth now?

45 WATERSMEAD PARC might now be worth an estimated £255,650.

This is based on house price inflation of 38.2%, between January 2017 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 38.2% inflationary increase is applied to the most recent sale price for 45 WATERSMEAD PARC of £185,000 on 16th January 2017. For the value to have increased from £185,000 to £255,650 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of 45 WATERSMEAD PARC has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The January 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 45 WATERSMEAD PARC has not materially changed since January 2017.

How Large is 45 WATERSMEAD PARC?

45 WATERSMEAD PARC is 55m² according to the EPC inspection conducted in June 2012. 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 45 WATERSMEAD PARC lies on this distribution: Less than 1% of terraced houses houses are smaller than 45 WATERSMEAD PARC, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

45 WATERSMEAD PARC: Plot and Title Map

45 WATERSMEAD PARC sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 45 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 45 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 45 WATERSMEAD PARC?

45 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 45 on WATERSMEAD PARC.