52, THE CHALETS, JELBERT WAY, EASTERN GREEN, PENZANCE, TR18 3DP - £92,500

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.

52 THE CHALETS is a very small detached house of 29m², built sometime between 1950 and 1966, which could now be worth an estimated £89,726. It was last sold for £92,500 in July 2023, which was around 79% below the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was A.

52 THE CHALETS Sold Prices

Land registry data shows two sales for 52 THE CHALETS 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 52 THE CHALETS 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 14 JUL	£92,500	£445,213	79% below HPI
2020 9 APR	£58,000	£343,783	83% below HPI

52 THE CHALETS 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 52 THE CHALETS sales from April 2020 and July 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 April 2020 sale was for 83% below the HPI. So the extrapolation line tracks at 83% below the HPI over time, until the July 2023 sale, where it rises to 79% below the HPI. The line then continues to track at 79% below the HPI.

What might 52 THE CHALETS be worth now?

52 THE CHALETS might now be worth an estimated £89,726.

This is based on house price deflation of 3%, between July 2023 and July 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 3% deflationary decrease is applied to the most recent sale price for 52 THE CHALETS of £92,500 on 14th July 2023. For the value to have decreased from £92,500 to £89,726 over the two years to July 2025, the following assumptions must hold true:

• The value of 52 THE CHALETS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2023 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 52 THE CHALETS has not materially changed since July 2023.

How Large is 52 THE CHALETS?

52 THE CHALETS is 29m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trevarrack, and where 52 THE CHALETS lies on this distribution: Less than 1% of detached houses houses are smaller than 52 THE CHALETS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

52 THE CHALETS: Plot and Title Map

52 THE CHALETS sits on a plot of roughly 0.008 of an acre, or 33m². The below map shows the location of 52 THE CHALETS, 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 52 THE CHALETS). 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 52 THE CHALETS?

52 THE CHALETS is located on JELBERT WAY in EASTERN GREEN, in the TR18 postcode district. The below map shows the position of 52 THE CHALETS on JELBERT WAY.