142, PENMERE DRIVE, NEWQUAY, TR7 1RX - £299,950

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.

142 PENMERE DRIVE is a midsized detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £425,142. It was last sold for £299,950 in January 2016, which was around 3% below the average January 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

142 PENMERE DRIVE Sold Prices

Land registry data shows two sales for 142 PENMERE DRIVE 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. Both of the two 142 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
2016 7 JAN	£299,950	£308,479	3% below HPI
2001 27 JUN	£124,950	£130,118	4% below HPI

142 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 two 142 PENMERE DRIVE sales from June 2001 and January 2016 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 June 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 142 PENMERE DRIVE be worth now?

142 PENMERE DRIVE might now be worth an estimated £425,142.

This is based on house price inflation of 41.7%, between January 2016 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 41.7% inflationary increase is applied to the most recent sale price for 142 PENMERE DRIVE of £299,950 on 7th January 2016. For the value to have increased from £299,950 to £425,142 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 142 PENMERE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2016 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 142 PENMERE DRIVE has not materially changed since January 2016.

How Large is 142 PENMERE DRIVE?

142 PENMERE DRIVE is 102m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 142 PENMERE DRIVE lies on this distribution: 43% of detached houses houses are smaller than 142 PENMERE DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Newquay.

142 PENMERE DRIVE: Plot and Title Map

142 PENMERE DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 142 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 142 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 142 PENMERE DRIVE?

142 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 142 on PENMERE DRIVE.