125, PENMERE DRIVE, NEWQUAY, TR7 1NS - £220,000

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

125 PENMERE DRIVE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £220,000 in July 2009, which was around 14% below the average July 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

125 PENMERE DRIVE Sold Prices

Land registry data shows three sales for 125 PENMERE DRIVE 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 125 PENMERE DRIVE 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
2009 3 JUL	£220,000	£256,915	14% below HPI
2003 21 FEB	£181,500	£197,969	8% below HPI
1999 23 DEC	£92,950	£103,327	10% below HPI

125 PENMERE DRIVE 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 125 PENMERE DRIVE sales between December 1999 and July 2009 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 February 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 125 PENMERE DRIVE?

125 PENMERE DRIVE is 91m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 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 125 PENMERE DRIVE lies on this distribution: 32% of detached houses are smaller than 125 PENMERE DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newquay.

125 PENMERE DRIVE: Plot and Title Map

125 PENMERE DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 125 PENMERE DRIVE, 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 125 PENMERE DRIVE). 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 125 PENMERE DRIVE?

125 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 125 on PENMERE DRIVE.