12, MOUNT WISE, NEWQUAY, TR7 2BD - £335,000

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 MOUNT WISE is a very large extended detached house of 162m², built sometime between 1900 and 1929. It was last sold for £335,000 in March 2020, which was around 2% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

12 MOUNT WISE Sold Prices

Land registry data shows three sales for 12 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 12 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
2020 26 MAR	£335,000	£342,697	2% below HPI
2018 14 MAY	£299,950	£326,727	8% below HPI
1997 26 SEP	£65,000	£83,854	22% below HPI

12 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 12 MOUNT WISE sales between September 1997 and March 2020 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 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 MOUNT WISE?

12 MOUNT WISE is 162m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 12 MOUNT WISE lies on this distribution: 85% of detached houses are smaller than 12 MOUNT WISE, and 15% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 MOUNT WISE: Plot and Title Map

12 MOUNT WISE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 12 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 12 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 12 MOUNT WISE?

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