HILLCREST, QUARRY HILL, FALMOUTH, TR11 2BP - £400,000

HILLCREST is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £400,000 in September 2022, which was around 12% below the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2022 30 SEP	£400,000	£452,640	12% below HPI
2015 4 SEP	£260,000	£303,080	14% below HPI

HILLCREST 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 HILLCREST sales from September 2015 and September 2022 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 September 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is HILLCREST?

HILLCREST is 95m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where HILLCREST lies on this distribution: 35% of detached houses are smaller than HILLCREST, and 64% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on QUARRY HILL in FALMOUTH, in the TR11 postcode district. The below map shows the position of HILLCREST on QUARRY HILL.