107, PENMERE DRIVE, NEWQUAY, TR7 1NS - £202,500

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.

107 PENMERE DRIVE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £346,387. It was last sold for £202,500 in October 2004, which was around 20% above the average October 2004 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

107 PENMERE DRIVE Sold Prices

Land registry data shows three sales for 107 PENMERE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 107 PENMERE DRIVE 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
2004 15 OCT	£202,500	£168,512	20% above HPI
2002 23 JUL	£133,000	£103,673	28% above HPI
2000 16 JUN	£74,950	£69,882	7% above HPI

107 PENMERE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 107 PENMERE DRIVE sales between June 2000 and October 2004 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 July 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2004 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 107 PENMERE DRIVE be worth now?

107 PENMERE DRIVE might now be worth an estimated £346,387.

This is based on house price inflation of 71.1%, between October 2004 and February 2025, for semi-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 71.1% inflationary increase is applied to the most recent sale price for 107 PENMERE DRIVE of £202,500 on 15th October 2004. For the value to have increased from £202,500 to £346,387 over the 21 years and eight months to February 2025, the following assumptions must hold true:

• The value of 107 PENMERE DRIVE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The October 2004 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 107 PENMERE DRIVE has not materially changed since October 2004.

How Large is 107 PENMERE DRIVE?

107 PENMERE DRIVE is 68m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newquay, and where 107 PENMERE DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 107 PENMERE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newquay.

107 PENMERE DRIVE: Plot and Title Map

107 PENMERE DRIVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 107 PENMERE DRIVE, 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 107 PENMERE DRIVE). 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 107 PENMERE DRIVE?

107 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 107 on PENMERE DRIVE.