3, CHAPEL SQUARE, CROWLAS, PENZANCE, TR20 8EA - £120,000

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.

3 CHAPEL SQUARE is a very small terraced house of 60m², built sometime before 1900, which could now be worth an estimated £145,082. It was last sold for £120,000 in November 2019, which was around 35% below the average November 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

3 CHAPEL SQUARE Sold Prices

Land registry data shows three sales for 3 CHAPEL SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 3 CHAPEL SQUARE 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
2019 15 NOV	£120,000	£185,740	35% below HPI
2003 12 SEP	£100,000	£111,454	10% below HPI
1998 16 JAN	£16,000	£43,355	63% below HPI

3 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 three 3 CHAPEL SQUARE sales between January 1998 and November 2019 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 September 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 CHAPEL SQUARE be worth now?

3 CHAPEL SQUARE might now be worth an estimated £145,082.

This is based on house price inflation of 20.9%, between November 2019 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 20.9% inflationary increase is applied to the most recent sale price for 3 CHAPEL SQUARE of £120,000 on 15th November 2019. For the value to have increased from £120,000 to £145,082 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 3 CHAPEL SQUARE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The November 2019 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL SQUARE has not materially changed since November 2019.

How Large is 3 CHAPEL SQUARE?

3 CHAPEL SQUARE is 60m² according to the EPC inspection conducted in September 2019. 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 3 CHAPEL SQUARE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 CHAPEL SQUARE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Crowlas.

3 CHAPEL SQUARE: Plot and Title Map

3 CHAPEL SQUARE sits on a plot of roughly 0.011 of an acre, or 46m². The below map shows the location of 3 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 3 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 3 CHAPEL SQUARE?

3 CHAPEL SQUARE is located in CROWLAS, in the TR20 postcode district. The below map shows the position of No. 3 on CHAPEL SQUARE.