16, POLVELLA CLOSE, NEWQUAY, TR7 1QG - £365,000

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.

16 POLVELLA CLOSE is a midsized extended detached house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £471,391. It was last sold for £365,000 in October 2018, which was around 7% above the average October 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

16 POLVELLA CLOSE Sold Prices

Land registry data shows two sales for 16 POLVELLA CLOSE 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. One of the two 16 POLVELLA CLOSE sales was for above the average price, whilst the other 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
2018 24 OCT	£365,000	£341,588	7% above HPI
2011 14 DEC	£263,000	£275,513	5% below HPI

16 POLVELLA 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 two 16 POLVELLA CLOSE sales from December 2011 and October 2018 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 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 POLVELLA CLOSE be worth now?

16 POLVELLA CLOSE might now be worth an estimated £471,391.

This is based on house price inflation of 29.1%, between October 2018 and March 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 29.1% inflationary increase is applied to the most recent sale price for 16 POLVELLA CLOSE of £365,000 on 24th October 2018. For the value to have increased from £365,000 to £471,391 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 16 POLVELLA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 16 POLVELLA CLOSE has not materially changed since October 2018.

How Large is 16 POLVELLA CLOSE?

16 POLVELLA CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in July 2011. 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 16 POLVELLA CLOSE lies on this distribution: 49% of detached houses houses are smaller than 16 POLVELLA CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Newquay.

16 POLVELLA CLOSE: Plot and Title Map

16 POLVELLA CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 16 POLVELLA 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 16 POLVELLA 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 16 POLVELLA CLOSE?

16 POLVELLA CLOSE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 16 on POLVELLA CLOSE.