1, OLD CHAPEL WAY, MILLBROOK, TORPOINT, PL10 1HL - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 OLD CHAPEL WAY is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £354,218. It was last sold for £220,000 in April 2013, which was around 19% below the average April 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

1 OLD CHAPEL WAY Sold Prices

Land registry data shows two sales for 1 OLD CHAPEL WAY 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 OLD CHAPEL WAY sales were for below 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
2013 19 APR	£220,000	£271,558	19% below HPI
2001 23 NOV	£117,000	£143,710	19% below HPI

1 OLD CHAPEL WAY 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 OLD CHAPEL WAY sales from November 2001 and April 2013 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 November 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2013 sale, which was also at 19% below the HPI.

What might 1 OLD CHAPEL WAY be worth now?

1 OLD CHAPEL WAY might now be worth an estimated £354,218.

This is based on house price inflation of 61%, between April 2013 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for 1 OLD CHAPEL WAY of £220,000 on 19th April 2013. For the value to have increased from £220,000 to £354,218 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 1 OLD CHAPEL WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD CHAPEL WAY has not materially changed since April 2013.

How Large is 1 OLD CHAPEL WAY?

1 OLD CHAPEL WAY is 75m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Millbrook, and where 1 OLD CHAPEL WAY lies on this distribution: 19% of detached houses houses are smaller than 1 OLD CHAPEL WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

1 OLD CHAPEL WAY: Plot and Title Map

1 OLD CHAPEL WAY sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 1 OLD CHAPEL WAY, 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 OLD CHAPEL WAY). 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 OLD CHAPEL WAY?

1 OLD CHAPEL WAY is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 1 on OLD CHAPEL WAY.