10, PRAZE ROAD, NEWQUAY, TR7 3DE - £425,000

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.

10 PRAZE ROAD is a midsized detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £600,004. It was last sold for £425,000 in October 2016, which was around 37% above the average October 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

10 PRAZE ROAD Sold Prices

Land registry data shows four sales for 10 PRAZE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 10 PRAZE ROAD 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
2016 12 OCT	£425,000	£309,703	37% above HPI
2013 21 JUN	£345,000	£276,967	25% above HPI
1998 22 MAY	£110,000	£88,982	24% above HPI
1996 26 JUL	£95,000	£72,533	31% above HPI

10 PRAZE ROAD 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 four 10 PRAZE ROAD sales between July 1996 and October 2016 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 2013 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2016 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 10 PRAZE ROAD be worth now?

10 PRAZE ROAD might now be worth an estimated £600,004.

This is based on house price inflation of 41.2%, between October 2016 and February 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 41.2% inflationary increase is applied to the most recent sale price for 10 PRAZE ROAD of £425,000 on 12th October 2016. For the value to have increased from £425,000 to £600,004 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 PRAZE ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PRAZE ROAD has not materially changed since October 2016.

How Large is 10 PRAZE ROAD?

10 PRAZE ROAD is 104m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 10 PRAZE ROAD lies on this distribution: 45% of detached houses houses are smaller than 10 PRAZE ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Newquay.

10 PRAZE ROAD: Plot and Title Map

10 PRAZE ROAD sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 10 PRAZE ROAD, 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 10 PRAZE ROAD). 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 10 PRAZE ROAD?

10 PRAZE ROAD is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 10 on PRAZE ROAD.