CHY BEAN, THE TERRACE, CHACEWATER, TRURO, TR4 8LT - £232,500

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

CHY BEAN is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £248,260. It was last sold for £232,500 in February 2022, which was around 15% below the average February 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

CHY BEAN Sold Prices

Land registry data shows two sales for CHY BEAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two CHY BEAN 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
2022 1 FEB	£232,500	£274,744	15% below HPI
2002 19 JUL	£95,000	£103,673	8% below HPI

CHY BEAN 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 two CHY BEAN sales from July 2002 and February 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 July 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might CHY BEAN be worth now?

CHY BEAN might now be worth an estimated £248,260.

This is based on house price inflation of 6.8%, between February 2022 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 6.8% inflationary increase is applied to the most recent sale price for CHY BEAN of £232,500 on 1st February 2022. For the value to have increased from £232,500 to £248,260 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of CHY BEAN has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2022 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of CHY BEAN has not materially changed since February 2022.

How Large is CHY BEAN?

CHY BEAN is 56m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of semi-detached houses houses in Chacewater, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chacewater, and where CHY BEAN lies on this distribution: 2% of semi-detached houses houses are smaller than CHY BEAN, and 98% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

CHY BEAN: Plot and Title Map

CHY BEAN sits on a plot of roughly 0.396 of an acre, or 1,602m². The below map shows the location of CHY BEAN, 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 CHY BEAN). 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 CHY BEAN?

CHY BEAN is located on THE TERRACE in CHACEWATER, in the TR4 postcode district. The below map shows the position of CHY BEAN on THE TERRACE.