2, CHICHESTER CRESCENT, NEWQUAY, TR7 2LD - £228,000

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

2 CHICHESTER CRESCENT is a large extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £376,125. It was last sold for £228,000 in August 2009, which was around 14% below the average August 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

2 CHICHESTER CRESCENT Sold Prices

Land registry data shows two sales for 2 CHICHESTER CRESCENT 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 2 CHICHESTER CRESCENT sales was for below the average price, whilst the other was roughly equal to 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
2009 26 AUG	£228,000	£265,041	14% below HPI
2001 18 DEC	£145,000	£144,592	Close to HPI

2 CHICHESTER CRESCENT 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 2 CHICHESTER CRESCENT sales from December 2001 and August 2009 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 December 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 CHICHESTER CRESCENT be worth now?

2 CHICHESTER CRESCENT might now be worth an estimated £376,125.

This is based on house price inflation of 65%, between August 2009 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 65% inflationary increase is applied to the most recent sale price for 2 CHICHESTER CRESCENT of £228,000 on 26th August 2009. For the value to have increased from £228,000 to £376,125 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CHICHESTER CRESCENT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2009 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHICHESTER CRESCENT has not materially changed since August 2009.

How Large is 2 CHICHESTER CRESCENT?

2 CHICHESTER CRESCENT is 124m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the largest 40% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 2 CHICHESTER CRESCENT lies on this distribution: 64% of detached houses houses are smaller than 2 CHICHESTER CRESCENT, and 36% of houses are larger. Note that EPC data is not available for all properties in Newquay.

2 CHICHESTER CRESCENT: Plot and Title Map

2 CHICHESTER CRESCENT sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 2 CHICHESTER CRESCENT, 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 CHICHESTER CRESCENT). 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 CHICHESTER CRESCENT?

2 CHICHESTER CRESCENT is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 2 on CHICHESTER CRESCENT.