2, Well Lane
2, Well Lane
Description & Estimates
Public records show 2, Well Lane, Falmouth to be a period freehold house with 753 ft2 of internal area, sitting on a 140 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Well Lane, Falmouth has an estimated sale value of £288,657 and an estimated rental value of £1,721 per month, assuming reasonable condition and based on the information available.
Well Lane, Constantine, Falmouth, TR11 lies within the TR11 postal district.
Our Data Sources
2, Well Lane, Falmouth has 31 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Well Lane, Falmouth would be worth £303,089, with a potential rental value of £1,807 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £268,451, with a rental value of £1,600 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Well Lane, Falmouth has declined by £4,869 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £78 (4.6%). The property's estimated gross yield is currently 7.2%.
Plot Size
2, Well Lane, Falmouth occupies a 140 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
2, Well Lane, Falmouth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
2, Well Lane, Falmouth last changed hands on 18th November 2024, selling for £310,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 3.5% since November 2024.
- Sold Nov 2024£310,000
- Sold Dec 2017£190,000
- Sold Nov 1995£47,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of 2, Well Lane, Falmouth across the last 2 years.
Most recently, 22, Trebarvah Road, Falmouth, TR11 5AG, a freehold house, sold at £285,000 on the 23rd August 2024.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Well Lane, Falmouth as the 19th largest and the 18th most expensive of the 24 addresses on Well Lane, Constantine, Falmouth, TR11.
Against the TR11 postcode district average, it is £119k less expensive than the typical property.
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Schools Nearby
- 300mConstantine Primary School
- 4.7kmBoskenwyn Community Primary School
- 4.8kmMawnan CofE VA Primary School
- 6.6kmPenryn College
- 7.1kmFalmouth School
- 7.2kmHelston Community College
More reading links
Public Transport Nearby
Penryn (Cornwall) station is the nearest stop to 2, Well Lane, Falmouth at 7.2 kilometres away.
- 7.2kmPenryn (Cornwall)
- 7.3kmPenmere
- 8.4kmFalmouth Town
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
