9, CHYVELLAS CLOSE, NEWLYN, PENZANCE, TR18 5RB - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 CHYVELLAS CLOSE is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £305,000 in January 2021, which was around 19% below the average January 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

9 CHYVELLAS CLOSE Sold Prices

Land registry data shows four sales for 9 CHYVELLAS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 9 CHYVELLAS CLOSE 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
2021 7 JAN	£305,000	£377,341	19% below HPI
2010 16 JUL	£201,000	£276,747	27% below HPI
2001 17 AUG	£107,000	£131,972	19% below HPI
1998 20 NOV	£68,500	£91,367	25% below HPI

9 CHYVELLAS 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 four 9 CHYVELLAS CLOSE sales between November 1998 and January 2021 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 July 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 CHYVELLAS CLOSE?

9 CHYVELLAS CLOSE is 97m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Newlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newlyn, and where 9 CHYVELLAS CLOSE lies on this distribution: 40% of detached houses are smaller than 9 CHYVELLAS CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

9 CHYVELLAS CLOSE: Plot and Title Map

9 CHYVELLAS CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 9 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 9 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 9 CHYVELLAS CLOSE?

9 CHYVELLAS CLOSE is located in NEWLYN, in the TR18 postcode district. The below map shows the position of No. 9 on CHYVELLAS CLOSE.