CROSSWAYS, KERLEY HILL, CHACEWATER, TRURO, TR4 8JP - £159,950

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

CROSSWAYS is a small detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £452,213. It was last sold for £159,950 in May 2002, which was around 2% above the average May 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two CROSSWAYS sales was for above the average price, whilst the other was 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
2002 8 MAY	£159,950	£157,046	2% above HPI
2000 19 MAY	£110,000	£110,860	1% below HPI

CROSSWAYS 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 two CROSSWAYS sales from May 2000 and May 2002 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2002 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might CROSSWAYS be worth now?

CROSSWAYS might now be worth an estimated £452,213.

This is based on house price inflation of 182.7%, between May 2002 and December 2024, 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 182.7% inflationary increase is applied to the most recent sale price for CROSSWAYS of £159,950 on 8th May 2002. For the value to have increased from £159,950 to £452,213 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of CROSSWAYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2002 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of CROSSWAYS has not materially changed since May 2002.

How Large is CROSSWAYS?

CROSSWAYS is 104m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Chacewater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chacewater, and where CROSSWAYS lies on this distribution: 27% of detached houses houses are smaller than CROSSWAYS, and 73% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on KERLEY HILL in CHACEWATER, in the TR4 postcode district. The below map shows the position of CROSSWAYS on KERLEY HILL.