10, WELL WAY, NEWQUAY, TR7 3LR - £327,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 WELL WAY is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £327,000 in December 2007, which was around 9% above the average December 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

10 WELL WAY Sold Prices

Land registry data shows three sales for 10 WELL WAY 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 10 WELL WAY 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
2007 6 DEC	£327,000	£299,297	9% above HPI
2001 11 DEC	£168,000	£142,349	18% above HPI
1998 18 SEP	£88,000	£90,854	3% below HPI

10 WELL WAY 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 10 WELL WAY sales between September 1998 and December 2007 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 December 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2007 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 10 WELL WAY?

10 WELL WAY is 145m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 10 WELL WAY lies on this distribution: 78% of detached houses are smaller than 10 WELL WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Newquay.

10 WELL WAY: Plot and Title Map

10 WELL WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 10 WELL WAY, 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 WELL WAY). 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 WELL WAY?

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