2, BILLINGS DRIVE, NEWQUAY, TR7 2SQ - £290,000

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

2 BILLINGS DRIVE is a midsized detached house of 115m², built sometime between 1976 and 1982. It was last sold for £290,000 in February 2018, which was around 12% below the average February 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

2 BILLINGS DRIVE Sold Prices

Land registry data shows two sales for 2 BILLINGS DRIVE 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 2 BILLINGS DRIVE sales was for below the average price, whilst the other was for above 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 26 FEB	£290,000	£327,866	12% below HPI
1996 2 APR	£78,500	£70,032	12% above HPI

2 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 two 2 BILLINGS DRIVE sales from April 1996 and February 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 April 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 BILLINGS DRIVE?

2 BILLINGS DRIVE is 115m² according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 2 BILLINGS DRIVE lies on this distribution: 57% of detached houses are smaller than 2 BILLINGS DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Newquay.

2 BILLINGS DRIVE: Plot and Title Map

2 BILLINGS DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 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 2 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 2 BILLINGS DRIVE?

2 BILLINGS DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 2 on BILLINGS DRIVE.