CHYNANCE, WOODLANE CLOSE, FALMOUTH, TR11 4QU - £355,000

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.

CHYNANCE is a large extended detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £575,019. It was last sold for £355,000 in January 2010, which was around 31% above the average January 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

CHYNANCE Sold Prices

Land registry data shows three sales for CHYNANCE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three CHYNANCE sales were for above the average price, whilst one was 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
2010 14 JAN	£355,000	£270,714	31% above HPI
2008 14 OCT	£280,000	£284,720	2% below HPI
2006 25 AUG	£330,000	£275,584	20% above HPI

CHYNANCE 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 three CHYNANCE sales between August 2006 and January 2010 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 October 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2010 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might CHYNANCE be worth now?

CHYNANCE might now be worth an estimated £575,019.

This is based on house price inflation of 62%, between January 2010 and August 2025, for 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 62% inflationary increase is applied to the most recent sale price for CHYNANCE of £355,000 on 14th January 2010. For the value to have increased from £355,000 to £575,019 over the fourteen years and five months to August 2025, the following assumptions must hold true:

• The value of CHYNANCE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2010 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of CHYNANCE has not materially changed since January 2010.

How Large is CHYNANCE?

CHYNANCE is 143m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses houses in Falmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Falmouth, and where CHYNANCE lies on this distribution: 74% of detached houses houses are smaller than CHYNANCE, and 26% of houses are larger. Note that EPC data is not available for all properties in Falmouth.

CHYNANCE: Plot and Title Map

CHYNANCE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of CHYNANCE, 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 CHYNANCE). 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 CHYNANCE?

CHYNANCE is located on WOODLANE CLOSE in FALMOUTH, in the TR11 postcode district. The below map shows the position of CHYNANCE on WOODLANE CLOSE.