161, PENMERE DRIVE, NEWQUAY, TR7 1NS - £415,000

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

161 PENMERE DRIVE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £415,000 in July 2023, which was around 5% below the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

161 PENMERE DRIVE Sold Prices

Land registry data shows five sales for 161 PENMERE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The five 161 PENMERE DRIVE sales were a mix of below the average price, and roughly equal to 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
2023 7 JUL	£415,000	£438,307	5% below HPI
2021 14 MAY	£375,000	£375,609	Close to HPI
2013 4 DEC	£228,000	£275,187	17% below HPI
1999 19 NOV	£93,000	£101,894	9% below HPI
1999 20 MAY	£89,950	£93,617	4% below HPI

161 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 five 161 PENMERE DRIVE sales between May 1999 and July 2023 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 May 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 161 PENMERE DRIVE?

161 PENMERE DRIVE is 82m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 161 PENMERE DRIVE lies on this distribution: 18% of detached houses are smaller than 161 PENMERE DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newquay.

161 PENMERE DRIVE: Plot and Title Map

161 PENMERE DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 161 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 161 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 161 PENMERE DRIVE?

161 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 161 on PENMERE DRIVE.