12, TRETHERRAS CLOSE, NEWQUAY, TR7 2RD - £560,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 TRETHERRAS CLOSE is a very large extended detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £542,616. It was last sold for £560,000 in February 2023, which was around 24% above the average February 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

12 TRETHERRAS CLOSE Sold Prices

Land registry data shows two sales for 12 TRETHERRAS 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. One of the two 12 TRETHERRAS CLOSE 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
2023 17 FEB	£560,000	£451,239	24% above HPI
2002 12 JUL	£155,000	£167,868	8% below HPI

12 TRETHERRAS 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 TRETHERRAS CLOSE sales from July 2002 and February 2023 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 July 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 12 TRETHERRAS CLOSE be worth now?

12 TRETHERRAS CLOSE might now be worth an estimated £542,616.

This is based on house price deflation of 3.1%, between February 2023 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for 12 TRETHERRAS CLOSE of £560,000 on 17th February 2023. For the value to have decreased from £560,000 to £542,616 over the two years to February 2025, the following assumptions must hold true:

• The value of 12 TRETHERRAS CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2023 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TRETHERRAS CLOSE has not materially changed since February 2023.

How Large is 12 TRETHERRAS CLOSE?

12 TRETHERRAS CLOSE is 171m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 12 TRETHERRAS CLOSE lies on this distribution: 87% of detached houses houses are smaller than 12 TRETHERRAS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 TRETHERRAS CLOSE: Plot and Title Map

12 TRETHERRAS CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 12 TRETHERRAS 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 TRETHERRAS 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 TRETHERRAS CLOSE?

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