Homefield Budock Vean Lane

    HOMEFIELD, BUDOCK VEAN LANE, MAWNAN SMITH, FALMOUTH, TR11 5LG

    This detached freehold property on Budock Vean Lane last sold in March 2016 for £500,000. Based on price growth in the TR11 district since then, its estimated current value is £698,854 — placing it in the 90th percentile nationally and the 89th percentile within TR11. The property covers 188 m² (2,024 sq ft), giving an estimated value of £3,717 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,024 sq ft

    188 m²

    Last Sale Price

    £500,000

    Mar 2016

    Estimated Valuation

    £698,854

    Est. £/sq ft

    £345/sq ft

    £3,717/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area2,024 sq ft (188 m²)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    22 Mar 2016

    £500,000

    Key Metrics

    Estimated valuation£698,854
    Value per sq ft / m²£345/sq ft (£3,717/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR11 district percentile89th percentile
    National percentile90th percentile

    District Context — TR11

    TR11 covers the Falmouth and Penryn areas on the Cornish coast, sitting at the southern tip of the Lizard Peninsula. It is a seaside community blending coastal appeal with a university presence, attracting both permanent residents and holiday-oriented investment.

    Average Property Price - TR11

    £424,023

    71

    National percentile

    Average Net Household Income - TR11

    £37,532

    47

    National percentile

    10-Year Annualised Price Growth - TR11

    3.7%

    56

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR11

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