CHYNANCE, WOODLANE CLOSE, FALMOUTH, TR11 4QU - £355,000

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

CHYNANCE is a large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £355,000 in January 2010, which was around 33% above the average January 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

CHYNANCE Sold Prices

Land registry data shows three sales for CHYNANCE 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. The three CHYNANCE sales were a mix of above the average price, and roughly equal to 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
2010 14 JAN	£355,000	£266,515	33% above HPI
2008 14 OCT	£280,000	£280,304	Close to HPI
2006 25 AUG	£330,000	£271,309	22% above HPI

CHYNANCE 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 CHYNANCE sales between August 2006 and January 2010 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 October 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2010 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is CHYNANCE?

CHYNANCE is 143m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Falmouth, and where CHYNANCE lies on this distribution: 74% of detached houses are smaller than CHYNANCE, and 26% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

CHYNANCE: Plot and Title Map

CHYNANCE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of CHYNANCE, 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 CHYNANCE). 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 CHYNANCE?

CHYNANCE is located on WOODLANE CLOSE in FALMOUTH, in the TR11 postcode district. The below map shows the position of CHYNANCE on WOODLANE CLOSE.