33, OLD CHAPEL WAY, MILLBROOK, TORPOINT, PL10 1HL - £185,000

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

33 OLD CHAPEL WAY is a small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £185,000 in July 2010, which was around 33% below the average July 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was A.

33 OLD CHAPEL WAY Sold Prices

Land registry data shows two sales for 33 OLD CHAPEL WAY 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. Both of the two 33 OLD CHAPEL WAY 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
2010 23 JUL	£185,000	£276,747	33% below HPI
2002 20 SEP	£129,000	£175,013	26% below HPI

33 OLD CHAPEL WAY 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 33 OLD CHAPEL WAY sales from September 2002 and July 2010 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2010 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 33 OLD CHAPEL WAY?

33 OLD CHAPEL WAY is 80m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Millbrook, and where 33 OLD CHAPEL WAY lies on this distribution: 25% of detached houses are smaller than 33 OLD CHAPEL WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

33 OLD CHAPEL WAY: Plot and Title Map

33 OLD CHAPEL WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 33 OLD CHAPEL WAY, 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 33 OLD CHAPEL WAY). 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 33 OLD CHAPEL WAY?

33 OLD CHAPEL WAY is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 33 on OLD CHAPEL WAY.