GREENACRES, PENVEAN LANE, FALMOUTH, TR11 4JF - £440,000

GREENACRES is a very large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £440,000 in August 2011, which was around 62% above the average August 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES 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
2011 9 AUG	£440,000	£270,906	62% above HPI
2004 28 JUN	£325,000	£240,998	35% above HPI

GREENACRES 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 GREENACRES sales from June 2004 and August 2011 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 June 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2011 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is GREENACRES?

GREENACRES is 189m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 10% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where GREENACRES lies on this distribution: 91% of detached houses are smaller than GREENACRES, and 9% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.359 of an acre, or 1,453m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on PENVEAN LANE in FALMOUTH, in the TR11 postcode district. The below map shows the position of GREENACRES on PENVEAN LANE.