12, STRET MORGAN LE FAY, NEWQUAY, TR7 1GS - £390,000

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 STRET MORGAN LE FAY is a very small detached house of 83m², built sometime between 2007 and 2011. It was last sold for £390,000 in May 2022, which was around 10% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

12 STRET MORGAN LE FAY Sold Prices

Land registry data shows three sales for 12 STRET MORGAN LE FAY 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 STRET MORGAN LE FAY 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 20 MAY	£390,000	£432,329	10% below HPI
2019 16 SEP	£292,000	£343,649	15% below HPI
2014 19 MAR	£219,000	£280,896	22% below HPI

12 STRET MORGAN LE FAY 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 STRET MORGAN LE FAY sales between March 2014 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 September 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12 STRET MORGAN LE FAY?

12 STRET MORGAN LE FAY is 83m² according to the EPC inspection conducted in March 2024. 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 12 STRET MORGAN LE FAY lies on this distribution: 19% of detached houses are smaller than 12 STRET MORGAN LE FAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 STRET MORGAN LE FAY: Plot and Title Map

12 STRET MORGAN LE FAY sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 12 STRET MORGAN LE FAY, 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 STRET MORGAN LE FAY). 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 STRET MORGAN LE FAY?

12 STRET MORGAN LE FAY is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 12 on STRET MORGAN LE FAY.