2, KERLEY VALE, CHACEWATER, TRURO, TR4 8JN - £410,000

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

2 KERLEY VALE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £410,000 in March 2023, which was around 8% below the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

2 KERLEY VALE Sold Prices

Land registry data shows four sales for 2 KERLEY VALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 2 KERLEY VALE 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
2023 31 MAR	£410,000	£446,796	8% below HPI
2019 12 SEP	£310,000	£343,649	10% below HPI
2015 26 JUN	£259,950	£296,815	12% below HPI
1998 10 JUL	£125,000	£90,125	39% above HPI

2 KERLEY VALE 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 four 2 KERLEY VALE sales between July 1998 and March 2023 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 September 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 KERLEY VALE?

2 KERLEY VALE is 126m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Chacewater, based on EPC data. The below chart shows the distribution of detached houses by size in Chacewater, and where 2 KERLEY VALE lies on this distribution: 66% of detached houses are smaller than 2 KERLEY VALE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

2 KERLEY VALE: Plot and Title Map

2 KERLEY VALE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 KERLEY VALE, 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 KERLEY VALE). 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 KERLEY VALE?

2 KERLEY VALE is located in CHACEWATER, in the TR4 postcode district. The below map shows the position of No. 2 on KERLEY VALE.