15, SCHOOL CLOSE, NEWQUAY, TR7 3EN - £270,000

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

15 SCHOOL CLOSE is a very small extended detached house of 73m², built sometime between 1983 and 1990. It was last sold for £270,000 in November 2021, which was around 34% below the average November 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

15 SCHOOL CLOSE Sold Prices

Land registry data shows four sales for 15 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 15 SCHOOL CLOSE 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
2021 5 NOV	£270,000	£406,282	34% below HPI
2015 17 DEC	£190,000	£307,089	38% below HPI
2007 27 FEB	£175,000	£282,547	38% below HPI
1997 30 APR	£54,000	£77,715	31% below HPI

15 SCHOOL 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 four 15 SCHOOL CLOSE sales between April 1997 and November 2021 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 December 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 SCHOOL CLOSE?

15 SCHOOL CLOSE is 73m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 15 SCHOOL CLOSE lies on this distribution: 10% of detached houses are smaller than 15 SCHOOL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Newquay.

15 SCHOOL CLOSE: Plot and Title Map

15 SCHOOL CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 SCHOOL 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 15 SCHOOL 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 15 SCHOOL CLOSE?

15 SCHOOL CLOSE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 15 on SCHOOL CLOSE.