166, PENMERE DRIVE, NEWQUAY, TR7 1RX - £282,500

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.

166 PENMERE DRIVE is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £437,843. It was last sold for £282,500 in June 2014, which was about the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

166 PENMERE DRIVE Sold Prices

Land registry data shows three sales for 166 PENMERE DRIVE 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. The three 166 PENMERE DRIVE sales were a mix of roughly equal to the average price, and 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
2014 19 JUN	£282,500	£282,105	Close to HPI
2004 23 JAN	£75,000	£229,875	67% below HPI
2002 27 SEP	£162,950	£177,770	8% below HPI

166 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 three 166 PENMERE DRIVE sales between September 2002 and June 2014 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 January 2004 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the June 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 166 PENMERE DRIVE be worth now?

166 PENMERE DRIVE might now be worth an estimated £437,843.

This is based on house price inflation of 55%, between June 2014 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 55% inflationary increase is applied to the most recent sale price for 166 PENMERE DRIVE of £282,500 on 19th June 2014. For the value to have increased from £282,500 to £437,843 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 166 PENMERE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2014 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 166 PENMERE DRIVE has not materially changed since June 2014.

How Large is 166 PENMERE DRIVE?

166 PENMERE DRIVE is 104m² according to the EPC inspection conducted in March 2014. 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 166 PENMERE DRIVE lies on this distribution: 45% of detached houses houses are smaller than 166 PENMERE DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Newquay.

166 PENMERE DRIVE: Plot and Title Map

166 PENMERE DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 166 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 166 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 166 PENMERE DRIVE?

166 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 166 on PENMERE DRIVE.