2, CHEQUER TREE COURT, DRAKEWALLS, GUNNISLAKE, PL18 9DW - £425,000

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.

2 CHEQUER TREE COURT is a very large extended detached house of 224m², built sometime between 2003 and 2006, which could now be worth an estimated £545,747. It was last sold for £425,000 in March 2019, which was around 25% above the average March 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

2 CHEQUER TREE COURT Sold Prices

Land registry data shows three sales for 2 CHEQUER TREE COURT since 1^st 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 2 CHEQUER TREE COURT 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 MAR	£425,000	£340,493	25% above HPI
2015 12 JAN	£372,000	£292,318	27% above HPI
2009 1 JUN	£365,000	£255,015	43% above HPI

2 CHEQUER TREE COURT 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 three 2 CHEQUER TREE COURT sales between June 2009 and March 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 January 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 CHEQUER TREE COURT be worth now?

2 CHEQUER TREE COURT might now be worth an estimated £545,747.

This is based on house price inflation of 28.4%, between March 2019 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 28.4% inflationary increase is applied to the most recent sale price for 2 CHEQUER TREE COURT of £425,000 on 19th March 2019. For the value to have increased from £425,000 to £545,747 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHEQUER TREE COURT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHEQUER TREE COURT has not materially changed since March 2019.

How Large is 2 CHEQUER TREE COURT?

2 CHEQUER TREE COURT is 224m², which includes three extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where 2 CHEQUER TREE COURT lies on this distribution: 94% of detached houses houses are smaller than 2 CHEQUER TREE COURT, and 6% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

2 CHEQUER TREE COURT: Plot and Title Map

2 CHEQUER TREE COURT sits on a plot of roughly 14.9 acres, or 60,238m². The below map shows the location of 2 CHEQUER TREE COURT, 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 2 CHEQUER TREE COURT). 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 2 CHEQUER TREE COURT?

2 CHEQUER TREE COURT is located in DRAKEWALLS, in the PL18 postcode district. The below map shows the position of No. 2 on CHEQUER TREE COURT.