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
16 CHAPEL TERRACE is a small extended detached house of 78m², built sometime between 1900 and 1929. It was last sold for £235,000 in April 2017, which was around 25% below the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows three sales for 16 CHAPEL TERRACE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 16 CHAPEL TERRACE 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 |
---|---|---|---|
2017 24 APR | £235,000 | £311,432 | 25% below HPI |
2013 8 NOV | £170,000 | £277,939 | 39% below HPI |
1996 7 JUN | £50,000 | £71,323 | 30% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 16 CHAPEL TERRACE sales between June 1996 and April 2017 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 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
16 CHAPEL TERRACE is 78m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where 16 CHAPEL TERRACE lies on this distribution: 32% of detached houses are smaller than 16 CHAPEL TERRACE, and 67% of houses are larger. Note that EPC data is not available for all properties in Porthleven.
16 CHAPEL TERRACE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 16 CHAPEL TERRACE, 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 16 CHAPEL TERRACE). 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.
16 CHAPEL TERRACE is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 16 on CHAPEL TERRACE.