2, THE COPPICE, PORTH WAY, NEWQUAY, TR7 3NL - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE COPPICE is a large extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £589,152. It was last sold for £625,000 in October 2022, which was around 35% above the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE COPPICE Sold Prices

Land registry data shows two sales for 2 THE COPPICE 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. Both of the two 2 THE COPPICE sales were 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
2022 14 OCT	£625,000	£463,835	35% above HPI
2003 3 DEC	£285,000	£227,369	25% above HPI

2 THE COPPICE 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 THE COPPICE sales from December 2003 and October 2022 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 December 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 THE COPPICE be worth now?

2 THE COPPICE might now be worth an estimated £589,152.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for 2 THE COPPICE of £625,000 on 14th October 2022. For the value to have decreased from £625,000 to £589,152 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 THE COPPICE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COPPICE has not materially changed since October 2022.

How Large is 2 THE COPPICE?

2 THE COPPICE is 126m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% 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 2 THE COPPICE lies on this distribution: 65% of detached houses houses are smaller than 2 THE COPPICE, and 34% of houses are larger. Note that EPC data is not available for all properties in Newquay.

2 THE COPPICE: Plot and Title Map

2 THE COPPICE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 2 THE COPPICE, 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 THE COPPICE). 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 THE COPPICE?

2 THE COPPICE is located on PORTH WAY in NEWQUAY, in the TR7 postcode district. The below map shows the position of 2 THE COPPICE on PORTH WAY.