BALLITO, CASTLE VIEW PARK, MAWNAN SMITH, FALMOUTH, TR11 5HB - £520,000

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.

BALLITO is a large detached house of 170m², built sometime between 2003 and 2006, which could now be worth an estimated £648,635. It was last sold for £520,000 in May 2019, which was around 56% above the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

BALLITO Sold Prices

Land registry data shows two sales for BALLITO 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 BALLITO 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
2019 3 MAY	£520,000	£334,315	56% above HPI
2008 29 MAY	£440,000	£291,517	51% above HPI

BALLITO 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 BALLITO sales from May 2008 and May 2019 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 May 2008 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might BALLITO be worth now?

BALLITO might now be worth an estimated £648,635.

This is based on house price inflation of 24.7%, between May 2019 and June 2025, 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 24.7% inflationary increase is applied to the most recent sale price for BALLITO of £520,000 on 3rd May 2019. For the value to have increased from £520,000 to £648,635 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of BALLITO has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2019 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of BALLITO has not materially changed since May 2019.

How Large is BALLITO?

BALLITO is 170m² according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mawnan Smith, and where BALLITO lies on this distribution: 76% of detached houses houses are smaller than BALLITO, and 22% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

BALLITO: Plot and Title Map

BALLITO sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of BALLITO, 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 BALLITO). 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 BALLITO?

BALLITO is located on CASTLE VIEW PARK in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of BALLITO on CASTLE VIEW PARK.