221, PENMERE DRIVE, NEWQUAY, TR7 1RY - £300,000

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

221 PENMERE DRIVE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £300,000 in November 2014, which was around 3% above the average November 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

221 PENMERE DRIVE Sold Prices

Land registry data shows four sales for 221 PENMERE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 221 PENMERE DRIVE 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 28 NOV	£300,000	£291,705	3% above HPI
2004 5 JUL	£275,000	£248,122	11% above HPI
2003 12 NOV	£250,000	£223,739	12% above HPI
2002 31 JAN	£174,950	£144,481	21% above HPI

221 PENMERE 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 four 221 PENMERE DRIVE sales between January 2002 and November 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 July 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 221 PENMERE DRIVE?

221 PENMERE DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 221 PENMERE DRIVE lies on this distribution: 64% of detached houses are smaller than 221 PENMERE DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newquay.

221 PENMERE DRIVE: Plot and Title Map

221 PENMERE DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 221 PENMERE 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 221 PENMERE 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 221 PENMERE DRIVE?

221 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 221 on PENMERE DRIVE.