16, RAWLEY LANE, NEWQUAY, TR7 2EX - £200,000

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 RAWLEY LANE is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £259,391. It was last sold for £200,000 in August 2018, which was around 41% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

16 RAWLEY LANE Sold Prices

Land registry data shows three sales for 16 RAWLEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 16 RAWLEY LANE 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
2018 28 AUG	£200,000	£337,121	41% below HPI
2013 22 NOV	£147,000	£282,318	48% below HPI
2012 24 FEB	£145,000	£277,914	48% below HPI

16 RAWLEY LANE 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 three 16 RAWLEY LANE sales between February 2012 and August 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 November 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 RAWLEY LANE be worth now?

16 RAWLEY LANE might now be worth an estimated £259,391.

This is based on house price inflation of 29.7%, between August 2018 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 29.7% inflationary increase is applied to the most recent sale price for 16 RAWLEY LANE of £200,000 on 28th August 2018. For the value to have increased from £200,000 to £259,391 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 16 RAWLEY LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RAWLEY LANE has not materially changed since August 2018.

How Large is 16 RAWLEY LANE?

16 RAWLEY LANE is 71m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 RAWLEY LANE lies on this distribution: 8% of detached houses houses are smaller than 16 RAWLEY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newquay.

16 RAWLEY LANE: Plot and Title Map

16 RAWLEY LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 16 RAWLEY LANE, 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 RAWLEY LANE). 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 RAWLEY LANE?

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