231, PENMERE DRIVE, NEWQUAY, TR7 1RY - £445,000

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

231 PENMERE DRIVE is a very large extended detached house of 165m², built sometime between 1996 and 2002. It was last sold for £445,000 in March 2024, which was around 3% above the average March 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

231 PENMERE DRIVE Sold Prices

Land registry data shows two sales for 231 PENMERE 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. Both of the two 231 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
2024 19 MAR	£445,000	£432,326	3% above HPI
2002 31 MAY	£159,950	£154,610	3% above HPI

231 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 two 231 PENMERE DRIVE sales from May 2002 and March 2024 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 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2024 sale, which was also at 3% above the HPI.

How Large is 231 PENMERE DRIVE?

231 PENMERE DRIVE is 165m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 231 PENMERE DRIVE lies on this distribution: 85% of detached houses are smaller than 231 PENMERE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Newquay.

231 PENMERE DRIVE: Plot and Title Map

231 PENMERE DRIVE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 231 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 231 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 231 PENMERE DRIVE?

231 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 231 on PENMERE DRIVE.