67, THE CHALETS, JELBERT WAY, EASTERN GREEN, PENZANCE, TR18 3DP - £65,000

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.

67 THE CHALETS is a very small terraced house of 34m², built sometime between 1950 and 1966, which could now be worth an estimated £84,766. It was last sold for £65,000 in May 2018, which was around 63% below the average May 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

67 THE CHALETS Sold Prices

Land registry data shows three sales for 67 THE CHALETS 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 67 THE CHALETS 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
2018 2 MAY	£65,000	£176,828	63% below HPI
2001 26 JUN	£16,000	£63,504	75% below HPI
1997 2 JUL	£11,500	£41,124	72% below HPI

67 THE CHALETS 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 67 THE CHALETS sales between July 1997 and May 2018 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 June 2001 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the May 2018 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 67 THE CHALETS be worth now?

67 THE CHALETS might now be worth an estimated £84,766.

This is based on house price inflation of 30.4%, between May 2018 and May 2026, 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 30.4% inflationary increase is applied to the most recent sale price for 67 THE CHALETS of £65,000 on 2nd May 2018. For the value to have increased from £65,000 to £84,766 over the eight years to May 2026, the following assumptions must hold true:

• The value of 67 THE CHALETS has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The May 2018 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 67 THE CHALETS has not materially changed since May 2018.

How Large is 67 THE CHALETS?

67 THE CHALETS is 34m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Trevarrack, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Trevarrack, and where 67 THE CHALETS lies on this distribution: 2% of terraced houses houses are smaller than 67 THE CHALETS, and 98% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

67 THE CHALETS: Plot and Title Map

67 THE CHALETS sits on a plot of roughly 0.008 of an acre, or 31m². The below map shows the location of 67 THE CHALETS, 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 67 THE CHALETS). 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 67 THE CHALETS?

67 THE CHALETS is located on JELBERT WAY in EASTERN GREEN, in the TR18 postcode district. The below map shows the position of 67 THE CHALETS on JELBERT WAY.