2, WARNES WAY, NEWQUAY, TR7 1QH - £470,000

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 WARNES WAY is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £470,000 in May 2022, which was around 9% above the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

2 WARNES WAY Sold Prices

Land registry data shows two sales for 2 WARNES WAY 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 WARNES WAY 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 12 MAY	£470,000	£432,329	9% above HPI
2001 8 MAY	£135,000	£126,825	6% above HPI

2 WARNES WAY 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 WARNES WAY sales from May 2001 and May 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 May 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 WARNES WAY?

2 WARNES WAY is 111m² according to the EPC inspection conducted in December 2021. 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 WARNES WAY lies on this distribution: 51% of detached houses are smaller than 2 WARNES WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Newquay.

2 WARNES WAY: Plot and Title Map

2 WARNES WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 2 WARNES WAY, 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 WARNES WAY). 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 WARNES WAY?

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