10, CHYVELLAS CLOSE, NEWLYN, PENZANCE, TR18 5RB - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 CHYVELLAS CLOSE is a large extended semi-detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £426,458. It was last sold for £325,000 in August 2019, which was around 45% above the average August 2019 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

10 CHYVELLAS CLOSE Sold Prices

Land registry data shows three sales for 10 CHYVELLAS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 10 CHYVELLAS CLOSE 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 19 AUG	£325,000	£223,573	45% above HPI
2005 12 APR	£249,950	£170,830	46% above HPI
1998 27 FEB	£64,000	£54,283	18% above HPI

10 CHYVELLAS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 10 CHYVELLAS CLOSE sales between February 1998 and August 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 April 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2019 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 10 CHYVELLAS CLOSE be worth now?

10 CHYVELLAS CLOSE might now be worth an estimated £426,458.

This is based on house price inflation of 31.2%, between August 2019 and December 2024, for semi-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 31.2% inflationary increase is applied to the most recent sale price for 10 CHYVELLAS CLOSE of £325,000 on 19th August 2019. For the value to have increased from £325,000 to £426,458 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 10 CHYVELLAS CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CHYVELLAS CLOSE has not materially changed since August 2019.

How Large is 10 CHYVELLAS CLOSE?

10 CHYVELLAS CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of semi-detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newlyn, and where 10 CHYVELLAS CLOSE lies on this distribution: 71% of semi-detached houses houses are smaller than 10 CHYVELLAS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

10 CHYVELLAS CLOSE: Plot and Title Map

10 CHYVELLAS CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 10 CHYVELLAS CLOSE, 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 10 CHYVELLAS CLOSE). 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 10 CHYVELLAS CLOSE?

10 CHYVELLAS CLOSE is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 10 on CHYVELLAS CLOSE.