8, CHAPEL STREET, GUNNISLAKE, PL18 9NA - £208,000

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.

8 CHAPEL STREET is a very small extended detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £267,442. It was last sold for £208,000 in February 2019, which was around 39% below the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

8 CHAPEL STREET Sold Prices

Land registry data shows three sales for 8 CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 8 CHAPEL STREET 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
2019 26 FEB	£208,000	£340,052	39% below HPI
2012 31 MAY	£128,000	£279,097	54% below HPI
1999 17 DEC	£48,000	£104,954	54% below HPI

8 CHAPEL STREET 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 three 8 CHAPEL STREET sales between December 1999 and February 2019 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 May 2012 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 8 CHAPEL STREET be worth now?

8 CHAPEL STREET might now be worth an estimated £267,442.

This is based on house price inflation of 28.6%, between February 2019 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 28.6% inflationary increase is applied to the most recent sale price for 8 CHAPEL STREET of £208,000 on 26th February 2019. For the value to have increased from £208,000 to £267,442 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 CHAPEL STREET has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2019 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL STREET has not materially changed since February 2019.

How Large is 8 CHAPEL STREET?

8 CHAPEL STREET is 72m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where 8 CHAPEL STREET lies on this distribution: 13% of detached houses houses are smaller than 8 CHAPEL STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

8 CHAPEL STREET: Plot and Title Map

8 CHAPEL STREET sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 8 CHAPEL STREET, 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 8 CHAPEL STREET). 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 8 CHAPEL STREET?

8 CHAPEL STREET is located in GUNNISLAKE, in the PL18 postcode district. The below map shows the position of No. 8 on CHAPEL STREET.