14, ELM CLOSE, NEWQUAY, TR7 2LN - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 ELM CLOSE is a large detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £502,887. It was last sold for £390,000 in June 2020, which was around 13% above the average June 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

14 ELM CLOSE Sold Prices

Land registry data shows three sales for 14 ELM CLOSE 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. Two of the three 14 ELM CLOSE sales were for above the average price, whilst one 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
2020 18 JUN	£390,000	£344,334	13% above HPI
2019 5 APR	£318,500	£336,541	5% below HPI
1996 3 MAY	£84,950	£71,486	19% above HPI

14 ELM 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 three 14 ELM CLOSE sales between May 1996 and June 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 April 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 14 ELM CLOSE be worth now?

14 ELM CLOSE might now be worth an estimated £502,887.

This is based on house price inflation of 28.9%, between June 2020 and December 2024, 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 28.9% inflationary increase is applied to the most recent sale price for 14 ELM CLOSE of £390,000 on 18th June 2020. For the value to have increased from £390,000 to £502,887 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 14 ELM CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ELM CLOSE has not materially changed since June 2020.

How Large is 14 ELM CLOSE?

14 ELM CLOSE is 144m² according to the EPC inspection conducted in December 2018. This puts it in the largest 30% 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 14 ELM CLOSE lies on this distribution: 77% of detached houses houses are smaller than 14 ELM CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Newquay.

14 ELM CLOSE: Plot and Title Map

14 ELM CLOSE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 14 ELM 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 14 ELM 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 14 ELM CLOSE?

14 ELM CLOSE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 14 on ELM CLOSE.