7, DRACAENA AVENUE, FALMOUTH, TR11 2EG - £212,500

7 DRACAENA AVENUE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £212,500 in March 2014, which was around 24% below the average March 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

7 DRACAENA AVENUE Sold Prices

Land registry data shows two sales for 7 DRACAENA AVENUE 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 7 DRACAENA AVENUE 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 28 MAR	£212,500	£280,896	24% below HPI
2010 4 AUG	£235,000	£279,622	16% below HPI

7 DRACAENA AVENUE 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 7 DRACAENA AVENUE sales from August 2010 and March 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 August 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 DRACAENA AVENUE?

7 DRACAENA AVENUE is 113m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where 7 DRACAENA AVENUE lies on this distribution: 50% of detached houses are smaller than 7 DRACAENA AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

7 DRACAENA AVENUE: Plot and Title Map

7 DRACAENA AVENUE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7 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 7 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 7 DRACAENA AVENUE?

7 DRACAENA AVENUE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 7 on DRACAENA AVENUE.