146, PENMERE DRIVE, NEWQUAY, TR7 1RX - £245,000

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

146 PENMERE DRIVE is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2012, which was around 8% below the average October 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

146 PENMERE DRIVE Sold Prices

Land registry data shows two sales for 146 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 146 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
2012 24 OCT	£245,000	£265,698	8% below HPI
2002 28 JUN	£142,950	£158,774	10% below HPI

146 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 146 PENMERE DRIVE sales from June 2002 and October 2012 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2012 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 146 PENMERE DRIVE?

146 PENMERE DRIVE is 86m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 146 PENMERE DRIVE lies on this distribution: 23% of detached houses are smaller than 146 PENMERE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newquay.

146 PENMERE DRIVE: Plot and Title Map

146 PENMERE DRIVE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 146 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 146 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 146 PENMERE DRIVE?

146 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 146 on PENMERE DRIVE.