Tressa Chy Budock Vean Lane

    TRESSA CHY, BUDOCK VEAN LANE, MAWNAN SMITH, FALMOUTH, TR11 5LQ

    This detached freehold property on Budock Vean Lane last sold in September 2023 for £1,200,000. Based on price growth in the TR11 district since then, its estimated current value is £1,081,268 — placing it in the 96th percentile nationally and the 97th percentile within TR11. The property covers 223 m² (2,400 sq ft), giving an estimated value of £4,849 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,400 sq ft

    223 m²

    Last Sale Price

    £1,200,000

    Sept 2023

    Estimated Valuation

    £1,081,268

    Est. £/sq ft

    £450/sq ft

    £4,849/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialA
    Floor area2,400 sq ft (223 m²)
    EPC dateOct 2021
    WallsAverage thermal transmittance 0.27 W/m
    HeatingAir source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric

    Transaction History

    14 Sept 2023

    £1,200,000

    29 Oct 2021

    £1,100,000

    Key Metrics

    Estimated valuation£1,081,268
    Value per sq ft / m²£450/sq ft (£4,849/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR11 district percentile97th percentile
    National percentile96th 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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