153, PENMERE DRIVE, NEWQUAY, TR7 1NS - £249,000

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.

153 PENMERE DRIVE is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £312,760. It was last sold for £249,000 in March 2020, which was around 28% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

153 PENMERE DRIVE Sold Prices

Land registry data shows four sales for 153 PENMERE DRIVE 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 153 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
2020 3 MAR	£249,000	£348,096	28% below HPI
2003 27 MAR	£188,000	£202,056	7% below HPI
2002 27 MAR	£141,000	£151,663	7% below HPI
1999 25 JUN	£89,950	£96,549	7% below HPI

153 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 four 153 PENMERE DRIVE sales between June 1999 and March 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 March 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 153 PENMERE DRIVE be worth now?

153 PENMERE DRIVE might now be worth an estimated £312,760.

This is based on house price inflation of 25.6%, between March 2020 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 25.6% inflationary increase is applied to the most recent sale price for 153 PENMERE DRIVE of £249,000 on 3rd March 2020. For the value to have increased from £249,000 to £312,760 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 153 PENMERE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2020 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 153 PENMERE DRIVE has not materially changed since March 2020.

How Large is 153 PENMERE DRIVE?

153 PENMERE DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 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 153 PENMERE DRIVE lies on this distribution: 53% of detached houses houses are smaller than 153 PENMERE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Newquay.

153 PENMERE DRIVE: Plot and Title Map

153 PENMERE DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 153 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 153 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 153 PENMERE DRIVE?

153 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 153 on PENMERE DRIVE.