1, CHYNANCE DRIVE, NEWQUAY, TR7 2AB - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CHYNANCE DRIVE is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £340,000 in May 2019, which was around 3% above the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

1 CHYNANCE DRIVE Sold Prices

Land registry data shows two sales for 1 CHYNANCE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 1 CHYNANCE DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 3 MAY	£340,000	£329,130	3% above HPI
2004 12 MAR	£285,500	£231,214	23% above HPI

1 CHYNANCE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 1 CHYNANCE DRIVE sales from March 2004 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 CHYNANCE DRIVE?

1 CHYNANCE DRIVE is 123m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 1 CHYNANCE DRIVE lies on this distribution: 64% of detached houses are smaller than 1 CHYNANCE DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newquay.

1 CHYNANCE DRIVE: Plot and Title Map

1 CHYNANCE DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 1 CHYNANCE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CHYNANCE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CHYNANCE DRIVE?

1 CHYNANCE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 1 on CHYNANCE DRIVE.