5, CHESTNUT CLOSE, TORPOINT, PL11 2NB - £282,500

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.

5 CHESTNUT CLOSE is a very large extended detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £375,579. It was last sold for £282,500 in November 2017, which was around 14% below the average November 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

5 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 5 CHESTNUT CLOSE 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 5 CHESTNUT CLOSE sales was for below the average price, whilst the other was 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
2017 29 NOV	£282,500	£328,873	14% below HPI
2010 22 APR	£295,000	£283,160	4% above HPI

5 CHESTNUT CLOSE 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 5 CHESTNUT CLOSE sales from April 2010 and November 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 April 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 CHESTNUT CLOSE be worth now?

5 CHESTNUT CLOSE might now be worth an estimated £375,579.

This is based on house price inflation of 32.9%, between November 2017 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 32.9% inflationary increase is applied to the most recent sale price for 5 CHESTNUT CLOSE of £282,500 on 29th November 2017. For the value to have increased from £282,500 to £375,579 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2017 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTNUT CLOSE has not materially changed since November 2017.

How Large is 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is 147m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses houses in Torpoint, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torpoint, and where 5 CHESTNUT CLOSE lies on this distribution: 91% of detached houses houses are smaller than 5 CHESTNUT CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Torpoint.

5 CHESTNUT CLOSE: Plot and Title Map

5 CHESTNUT CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 5 CHESTNUT CLOSE, 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 5 CHESTNUT CLOSE). 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 5 CHESTNUT CLOSE?

5 CHESTNUT CLOSE is located in TORPOINT, in the PL11 postcode district. The below map shows the position of No. 5 on CHESTNUT CLOSE.