12, CHYNANCE DRIVE, NEWQUAY, TR7 2AA - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHYNANCE DRIVE is a very large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £625,000 in November 2022, which was around 35% above the average November 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

12 CHYNANCE DRIVE Sold Prices

Land registry data shows two sales for 12 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. One of the two 12 CHYNANCE DRIVE sales was for above the average price, whilst the other was 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
2022 16 NOV	£625,000	£461,377	35% above HPI
2018 21 MAY	£320,500	£326,727	2% below HPI

12 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 12 CHYNANCE DRIVE sales from May 2018 and November 2022 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 May 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 12 CHYNANCE DRIVE?

12 CHYNANCE DRIVE is 150m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 12 CHYNANCE DRIVE lies on this distribution: 81% of detached houses are smaller than 12 CHYNANCE DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 CHYNANCE DRIVE: Plot and Title Map

12 CHYNANCE DRIVE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 12 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 12 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 12 CHYNANCE DRIVE?

12 CHYNANCE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 12 on CHYNANCE DRIVE.