FERNLEA, SWANPOOL, FALMOUTH, TR11 5BA - £295,000

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.

FERNLEA is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £450,038. It was last sold for £295,000 in November 2012, which was around 8% above the average November 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA 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. One of the two FERNLEA sales was for above the average price, whilst the other was 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
2012 1 NOV	£295,000	£273,354	8% above HPI
2007 21 MAR	£250,000	£288,836	13% below HPI

FERNLEA 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 FERNLEA sales from March 2007 and November 2012 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 March 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might FERNLEA be worth now?

FERNLEA might now be worth an estimated £450,038.

This is based on house price inflation of 52.6%, between November 2012 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 52.6% inflationary increase is applied to the most recent sale price for FERNLEA of £295,000 on 1st November 2012. For the value to have increased from £295,000 to £450,038 over the thirteen years and five months to June 2025, the following assumptions must hold true:

• The value of FERNLEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2012 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of FERNLEA has not materially changed since November 2012.

How Large is FERNLEA?

FERNLEA is 77m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where FERNLEA lies on this distribution: 13% of detached houses houses are smaller than FERNLEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.317 of an acre, or 1,281m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located in SWANPOOL, in the TR11 postcode district. The below map shows the position of FERNLEA in SWANPOOL.