117A, MOUNT WISE, NEWQUAY, TR7 1QR - £350,000

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

117A MOUNT WISE is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £350,000 in December 2022, which was around 23% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

117A MOUNT WISE Sold Prices

Land registry data shows three sales for 117A MOUNT WISE 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. All of the three 117A MOUNT WISE sales were 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
2022 21 DEC	£350,000	£456,326	23% below HPI
2020 31 JAN	£262,000	£340,517	23% below HPI
2012 28 AUG	£176,000	£272,110	35% below HPI

117A MOUNT WISE 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 117A MOUNT WISE sales between August 2012 and December 2022 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 January 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2022 sale, which was also at 23% below the HPI.

How Large is 117A MOUNT WISE?

117A MOUNT WISE is 79m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 117A MOUNT WISE lies on this distribution: 14% of detached houses are smaller than 117A MOUNT WISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newquay.

117A MOUNT WISE: Plot and Title Map

117A MOUNT WISE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 117A MOUNT WISE, 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 117A MOUNT WISE). 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 117A MOUNT WISE?

117A MOUNT WISE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 117A on MOUNT WISE.