11, PRAZE ROAD, NEWQUAY, TR7 3DE - £342,500

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

11 PRAZE ROAD is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £342,500 in November 2015, which was around 12% above the average November 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

11 PRAZE ROAD Sold Prices

Land registry data shows two sales for 11 PRAZE ROAD 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. One of the two 11 PRAZE ROAD sales was for above the average price, whilst the other 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
2015 5 NOV	£342,500	£306,547	12% above HPI
2010 28 MAY	£250,000	£280,136	11% below HPI

11 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 two 11 PRAZE ROAD sales from May 2010 and November 2015 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 May 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 11 PRAZE ROAD?

11 PRAZE ROAD is 91m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 11 PRAZE ROAD lies on this distribution: 31% of detached houses are smaller than 11 PRAZE ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Newquay.

11 PRAZE ROAD: Plot and Title Map

11 PRAZE ROAD sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 11 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 11 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 11 PRAZE ROAD?

11 PRAZE ROAD is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 11 on PRAZE ROAD.