SARACOT, OAKLAND PARK, FALMOUTH, TR11 4JL - £260,000

SARACOT is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £260,000 in May 2016, which was around 15% below the average May 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was B.

SARACOT Sold Prices

Land registry data shows two sales for SARACOT 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 SARACOT 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
2016 6 MAY	£260,000	£304,401	15% below HPI
1998 28 AUG	£65,000	£90,247	28% below HPI

SARACOT 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 SARACOT sales from August 1998 and May 2016 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 August 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is SARACOT?

SARACOT is 74m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where SARACOT lies on this distribution: 11% of detached houses are smaller than SARACOT, and 88% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

SARACOT: Plot and Title Map

SARACOT sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of SARACOT, 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 SARACOT). 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 SARACOT?

SARACOT is located on OAKLAND PARK in FALMOUTH, in the TR11 postcode district. The below map shows the position of SARACOT on OAKLAND PARK.