2, TRELLIS COTTAGES, CHYWOONE HILL, NEWLYN, PENZANCE, TR18 5AF - £375,000

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 TRELLIS COTTAGES is a large extended semi-detached house of 145m², built sometime between 1900 and 1929, which could now be worth an estimated £469,647. It was last sold for £375,000 in September 2020, which was around 60% above the average September 2020 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 TRELLIS COTTAGES Sold Prices

Land registry data shows three sales for 2 TRELLIS COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 2 TRELLIS COTTAGES sales were 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
2020 24 SEP	£375,000	£233,818	60% above HPI
2015 27 AUG	£360,000	£197,466	82% above HPI
2007 25 OCT	£227,500	£201,843	13% above HPI

2 TRELLIS COTTAGES 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 three 2 TRELLIS COTTAGES sales between October 2007 and September 2020 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 August 2015 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the September 2020 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 2 TRELLIS COTTAGES be worth now?

2 TRELLIS COTTAGES might now be worth an estimated £469,647.

This is based on house price inflation of 25.2%, between September 2020 and March 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 2 TRELLIS COTTAGES of £375,000 on 24th September 2020. For the value to have increased from £375,000 to £469,647 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 2 TRELLIS COTTAGES has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TRELLIS COTTAGES has not materially changed since September 2020.

How Large is 2 TRELLIS COTTAGES?

2 TRELLIS COTTAGES is 145m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of semi-detached houses houses in Newlyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newlyn, and where 2 TRELLIS COTTAGES lies on this distribution: 79% of semi-detached houses houses are smaller than 2 TRELLIS COTTAGES, and 20% of houses are larger. Note that EPC data is not available for all properties in Newlyn.

2 TRELLIS COTTAGES: Plot and Title Map

2 TRELLIS COTTAGES sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 2 TRELLIS COTTAGES, 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 TRELLIS COTTAGES). 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 TRELLIS COTTAGES?

2 TRELLIS COTTAGES is located on CHYWOONE HILL in NEWLYN, in the TR18 postcode district. The below map shows the position of 2 TRELLIS COTTAGES on CHYWOONE HILL.