7, CHYVELLAS CLOSE, NEWLYN, PENZANCE, TR18 5RB - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CHYVELLAS CLOSE is a midsized extended semi-detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £385,925. It was last sold for £380,000 in May 2023, which was around 32% above the average May 2023 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

7 CHYVELLAS CLOSE Sold Prices

Land registry data shows three sales for 7 CHYVELLAS CLOSE 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 7 CHYVELLAS CLOSE 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
2023 31 MAY	£380,000	£288,864	32% above HPI
2017 15 JUN	£247,500	£204,425	21% above HPI
2002 1 FEB	£119,000	£91,390	30% above HPI

7 CHYVELLAS CLOSE 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 7 CHYVELLAS CLOSE sales between February 2002 and May 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 June 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 CHYVELLAS CLOSE be worth now?

7 CHYVELLAS CLOSE might now be worth an estimated £385,925.

This is based on house price inflation of 1.6%, between May 2023 and December 2024, 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 1.6% inflationary increase is applied to the most recent sale price for 7 CHYVELLAS CLOSE of £380,000 on 31st May 2023. For the value to have increased from £380,000 to £385,925 over the five months to December 2024, the following assumptions must hold true:

• The value of 7 CHYVELLAS CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The May 2023 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHYVELLAS CLOSE has not materially changed since May 2023.

How Large is 7 CHYVELLAS CLOSE?

7 CHYVELLAS CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of semi-detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newlyn, and where 7 CHYVELLAS CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 7 CHYVELLAS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

7 CHYVELLAS CLOSE: Plot and Title Map

7 CHYVELLAS CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 CHYVELLAS 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 7 CHYVELLAS 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 7 CHYVELLAS CLOSE?

7 CHYVELLAS CLOSE is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 7 on CHYVELLAS CLOSE.