8, MONGLEATH CLOSE, FALMOUTH, TR11 4PS - £299,000

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.

8 MONGLEATH CLOSE is a very small extended semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £403,518. It was last sold for £299,000 in June 2018, which was around 39% above the average June 2018 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

8 MONGLEATH CLOSE Sold Prices

Land registry data shows two sales for 8 MONGLEATH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 8 MONGLEATH CLOSE 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
2018 22 JUN	£299,000	£215,406	39% above HPI
2014 25 APR	£200,000	£186,423	7% above HPI

8 MONGLEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 8 MONGLEATH CLOSE sales from April 2014 and June 2018 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 April 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2018 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 8 MONGLEATH CLOSE be worth now?

8 MONGLEATH CLOSE might now be worth an estimated £403,518.

This is based on house price inflation of 35%, between June 2018 and August 2025, for semi-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 35% inflationary increase is applied to the most recent sale price for 8 MONGLEATH CLOSE of £299,000 on 22nd June 2018. For the value to have increased from £299,000 to £403,518 over the six years and ten months to August 2025, the following assumptions must hold true:

• The value of 8 MONGLEATH CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The June 2018 sale price of £299,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MONGLEATH CLOSE has not materially changed since June 2018.

How Large is 8 MONGLEATH CLOSE?

8 MONGLEATH CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of semi-detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Falmouth, and where 8 MONGLEATH CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 8 MONGLEATH CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

8 MONGLEATH CLOSE: Plot and Title Map

8 MONGLEATH CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 8 MONGLEATH CLOSE, 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 8 MONGLEATH CLOSE). 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 8 MONGLEATH CLOSE?

8 MONGLEATH CLOSE is located in FALMOUTH, in the TR11 postcode district. The below map shows the position of No. 8 on MONGLEATH CLOSE.