Springbank Budock Vean Lane

    SPRINGBANK, BUDOCK VEAN LANE, MAWNAN SMITH, FALMOUTH, TR11 5LH

    This detached freehold property on Budock Vean Lane last sold in February 2023 for £900,000. Based on price growth in the TR11 district since then, its estimated current value is £810,951 — placing it in the 93rd percentile nationally and the 93rd percentile within TR11. The property covers 156 m² (1,679 sq ft), giving an estimated value of £5,198 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,679 sq ft

    156 m²

    Last Sale Price

    £900,000

    Feb 2023

    Estimated Valuation

    £810,951

    Est. £/sq ft

    £483/sq ft

    £5,198/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,679 sq ft (156 m²)
    EPC dateOct 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    8 Feb 2023

    £900,000

    24 Jan 2014

    £450,000

    8 Apr 1998

    £215,000

    Key Metrics

    Estimated valuation£810,951
    Value per sq ft / m²£483/sq ft (£5,198/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR11 district percentile93rd percentile
    National percentile93rd 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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