12, INNER TIDE LANE, NEWQUAY, TR7 2FA - £945,000

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 INNER TIDE LANE is a very large detached house of 189m², built in 2020. It was last sold for £945,000 in May 2022, which was around 119% above the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

12 INNER TIDE LANE Sold Prices

Land registry data shows two sales for 12 INNER TIDE LANE 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 12 INNER TIDE LANE 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
2022 20 MAY	£945,000	£432,329	119% above HPI
2019 28 NOV	£120,000	£344,140	65% below HPI

12 INNER TIDE LANE 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 INNER TIDE LANE sales from November 2019 and May 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 November 2019 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the May 2022 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

How Large is 12 INNER TIDE LANE?

12 INNER TIDE LANE is 189m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% 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 INNER TIDE LANE lies on this distribution: 91% of detached houses are smaller than 12 INNER TIDE LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 INNER TIDE LANE: Plot and Title Map

12 INNER TIDE LANE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 12 INNER TIDE LANE, 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 INNER TIDE LANE). 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 INNER TIDE LANE?

12 INNER TIDE LANE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 12 on INNER TIDE LANE.