48, WATERSMEAD PARC, BUDOCK WATER, FALMOUTH, TR11 5EL - £205,000

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.

48 WATERSMEAD PARC is a very small extended terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £256,802. It was last sold for £205,000 in July 2019, which was around 12% above the average July 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

48 WATERSMEAD PARC Sold Prices

Land registry data shows one sale for 48 WATERSMEAD PARC since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 10 JUL	£205,000	£182,857	12% above HPI

What might 48 WATERSMEAD PARC be worth now?

48 WATERSMEAD PARC might now be worth an estimated £256,802.

This is based on house price inflation of 25.3%, between July 2019 and April 2026, for terraced 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 25.3% inflationary increase is applied to the most recent sale price for 48 WATERSMEAD PARC of £205,000 on 10th July 2019. For the value to have increased from £205,000 to £256,802 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 48 WATERSMEAD PARC has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The July 2019 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 48 WATERSMEAD PARC has not materially changed since July 2019.

How Large is 48 WATERSMEAD PARC?

48 WATERSMEAD PARC is 54m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses in Budock Water, based on EPC data. The below chart shows the distribution of terraced houses by size in Budock Water, and where 48 WATERSMEAD PARC lies on this distribution: 8% of terraced houses are smaller than 48 WATERSMEAD PARC, and 88% of terraced houses are larger. Note that EPC data is not available for all properties in Budock Water.

48 WATERSMEAD PARC: Plot

48 WATERSMEAD PARC sits on a plot of roughly 0.080 of an acre, or 324m².

Where is 48 WATERSMEAD PARC?

48 WATERSMEAD PARC is located in BUDOCK WATER, in the TR11 postcode district.