17, BILLINGS DRIVE, NEWQUAY, TR7 2SQ - £410,000

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.

17 BILLINGS DRIVE is a very large detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £535,170. It was last sold for £410,000 in June 2019, which was around 22% above the average June 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

17 BILLINGS DRIVE Sold Prices

Land registry data shows three sales for 17 BILLINGS 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. Two of the three 17 BILLINGS DRIVE sales were for above the average price, whilst one 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
2019 11 JUN	£410,000	£334,968	22% above HPI
2018 1 FEB	£369,950	£333,031	11% above HPI
2014 22 JUL	£282,500	£285,570	1% below HPI

17 BILLINGS 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 17 BILLINGS DRIVE sales between July 2014 and June 2019 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 February 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 17 BILLINGS DRIVE be worth now?

17 BILLINGS DRIVE might now be worth an estimated £535,170.

This is based on house price inflation of 30.5%, between June 2019 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 30.5% inflationary increase is applied to the most recent sale price for 17 BILLINGS DRIVE of £410,000 on 11th June 2019. For the value to have increased from £410,000 to £535,170 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 17 BILLINGS DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2019 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BILLINGS DRIVE has not materially changed since June 2019.

How Large is 17 BILLINGS DRIVE?

17 BILLINGS DRIVE is 157m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% 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 17 BILLINGS DRIVE lies on this distribution: 83% of detached houses houses are smaller than 17 BILLINGS DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Newquay.

17 BILLINGS DRIVE: Plot and Title Map

17 BILLINGS DRIVE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 17 BILLINGS 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 17 BILLINGS 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 17 BILLINGS DRIVE?

17 BILLINGS DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 17 on BILLINGS DRIVE.