2, CHAPEL SQUARE, CROWLAS, PENZANCE, TR20 8EA - £151,000

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.

2 CHAPEL SQUARE is a very small extended terraced house of 37m², built sometime before 1900, which could now be worth an estimated £219,402. It was last sold for £151,000 in June 2014, which was around 2% below the average June 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 CHAPEL SQUARE Sold Prices

Land registry data shows two sales for 2 CHAPEL SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. One of the two 2 CHAPEL SQUARE sales was for below the average price, whilst the other was for above 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
2014 4 JUN	£151,000	£154,551	2% below HPI
2004 2 APR	£125,000	£124,298	1% above HPI

2 CHAPEL SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 2 CHAPEL SQUARE sales from April 2004 and June 2014 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 April 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 CHAPEL SQUARE be worth now?

2 CHAPEL SQUARE might now be worth an estimated £219,402.

This is based on house price inflation of 45.3%, between June 2014 and June 2025, for terraced 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 45.3% inflationary increase is applied to the most recent sale price for 2 CHAPEL SQUARE of £151,000 on 4th June 2014. For the value to have increased from £151,000 to £219,402 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 2 CHAPEL SQUARE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2014 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL SQUARE has not materially changed since June 2014.

How Large is 2 CHAPEL SQUARE?

2 CHAPEL SQUARE is 37m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of terraced houses houses in Crowlas, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crowlas, and where 2 CHAPEL SQUARE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 CHAPEL SQUARE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Crowlas.

2 CHAPEL SQUARE: Plot and Title Map

2 CHAPEL SQUARE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 2 CHAPEL SQUARE, 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 2 CHAPEL SQUARE). 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 2 CHAPEL SQUARE?

2 CHAPEL SQUARE is located in CROWLAS, in the TR20 postcode district. The below map shows the position of No. 2 on CHAPEL SQUARE.