8, CHAPELTOWN CLOSE, MAWNAN SMITH, FALMOUTH, TR11 5UU - £305,000

8 CHAPELTOWN CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £305,000 in March 2020, which was around 11% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

8 CHAPELTOWN CLOSE Sold Prices

Land registry data shows two sales for 8 CHAPELTOWN CLOSE 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. Both of the two 8 CHAPELTOWN CLOSE 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
2020 9 MAR	£305,000	£342,697	11% below HPI
2016 2 JUN	£270,000	£295,169	9% below HPI

8 CHAPELTOWN CLOSE 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 8 CHAPELTOWN CLOSE sales from June 2016 and March 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 June 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 CHAPELTOWN CLOSE?

8 CHAPELTOWN CLOSE is 75m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses by size in Mawnan Smith, and where 8 CHAPELTOWN CLOSE lies on this distribution: 10% of detached houses are smaller than 8 CHAPELTOWN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

8 CHAPELTOWN CLOSE: Plot and Title Map

8 CHAPELTOWN CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 8 CHAPELTOWN CLOSE, 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 8 CHAPELTOWN CLOSE). 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 8 CHAPELTOWN CLOSE?

8 CHAPELTOWN CLOSE is located in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of No. 8 on CHAPELTOWN CLOSE.