5, CHICHESTER CRESCENT, NEWQUAY, TR7 2LD - £380,000

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.

5 CHICHESTER CRESCENT is a very small semi-detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £383,814. It was last sold for £380,000 in June 2022, which was around 33% above the average June 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

5 CHICHESTER CRESCENT Sold Prices

Land registry data shows three sales for 5 CHICHESTER CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 5 CHICHESTER CRESCENT 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
2022 16 JUN	£380,000	£285,385	33% above HPI
2011 7 NOV	£239,000	£179,446	33% above HPI
1996 15 MAY	£58,500	£45,238	29% above HPI

5 CHICHESTER CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 5 CHICHESTER CRESCENT sales between May 1996 and June 2022 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 November 2011 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2022 sale, which was also at 33% above the HPI.

What might 5 CHICHESTER CRESCENT be worth now?

5 CHICHESTER CRESCENT might now be worth an estimated £383,814.

This is based on house price inflation of 1%, between June 2022 and February 2025, for semi-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 1% inflationary increase is applied to the most recent sale price for 5 CHICHESTER CRESCENT of £380,000 on 16th June 2022. For the value to have increased from £380,000 to £383,814 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 5 CHICHESTER CRESCENT has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The June 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHICHESTER CRESCENT has not materially changed since June 2022.

How Large is 5 CHICHESTER CRESCENT?

5 CHICHESTER CRESCENT is 63m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newquay, and where 5 CHICHESTER CRESCENT lies on this distribution: 2% of semi-detached houses houses are smaller than 5 CHICHESTER CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Newquay.

5 CHICHESTER CRESCENT: Plot and Title Map

5 CHICHESTER CRESCENT sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 5 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 5 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 5 CHICHESTER CRESCENT?

5 CHICHESTER CRESCENT is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 5 on CHICHESTER CRESCENT.