12, ELM CLOSE, NEWQUAY, TR7 2LN - £270,000

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

12 ELM CLOSE is a large detached house of 129m², built sometime between 1967 and 1975. It was last sold for £270,000 in October 2012, which was around 2% above the average October 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

12 ELM CLOSE Sold Prices

Land registry data shows two sales for 12 ELM CLOSE 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. Both of the two 12 ELM CLOSE 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
2012 2 OCT	£270,000	£265,698	2% above HPI
1997 22 JAN	£88,000	£76,629	15% above HPI

12 ELM CLOSE 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 12 ELM CLOSE sales from January 1997 and October 2012 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2012 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 12 ELM CLOSE?

12 ELM CLOSE is 129m² according to the EPC inspection conducted in September 2011. This puts it in the largest 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 12 ELM CLOSE lies on this distribution: 68% of detached houses are smaller than 12 ELM CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 ELM CLOSE: Plot and Title Map

12 ELM CLOSE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 12 ELM CLOSE, 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 12 ELM CLOSE). 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 12 ELM CLOSE?

12 ELM CLOSE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 12 on ELM CLOSE.