2, THE WILLOWS, NEWQUAY, TR7 3LL - £400,000

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 WILLOWS is a very large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £621,918. It was last sold for £400,000 in July 2014, which was around 40% above the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

2 THE WILLOWS Sold Prices

Land registry data shows three sales for 2 THE WILLOWS 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. All of the three 2 THE WILLOWS 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
2014 7 JUL	£400,000	£285,570	40% above HPI
2004 21 MAY	£335,000	£239,404	40% above HPI
2001 28 JUN	£167,500	£130,118	29% above HPI

2 THE WILLOWS 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 2 THE WILLOWS sales between June 2001 and July 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 May 2004 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2014 sale, which was also at 40% above the HPI.

What might 2 THE WILLOWS be worth now?

2 THE WILLOWS might now be worth an estimated £621,918.

This is based on house price inflation of 55.5%, between July 2014 and December 2024, 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 55.5% inflationary increase is applied to the most recent sale price for 2 THE WILLOWS of £400,000 on 7th July 2014. For the value to have increased from £400,000 to £621,918 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 THE WILLOWS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2014 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE WILLOWS has not materially changed since July 2014.

How Large is 2 THE WILLOWS?

2 THE WILLOWS is 161m² according to the EPC inspection conducted in September 2012. 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 2 THE WILLOWS lies on this distribution: 84% of detached houses houses are smaller than 2 THE WILLOWS, and 15% of houses are larger. Note that EPC data is not available for all properties in Newquay.

2 THE WILLOWS: Plot and Title Map

2 THE WILLOWS sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 2 THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

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