24, PLACE PARC, NEWQUAY, TR7 3HY - £365,000

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

24 PLACE PARC is a very large extended detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £468,265. It was last sold for £365,000 in September 2018, which was around 7% above the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

24 PLACE PARC Sold Prices

Land registry data shows two sales for 24 PLACE PARC 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. One of the two 24 PLACE PARC sales was for above the average price, whilst the other was for below 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
2018 5 SEP	£365,000	£340,810	7% above HPI
2006 16 JUN	£198,000	£273,187	28% below HPI

24 PLACE PARC 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 24 PLACE PARC sales from June 2006 and September 2018 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 June 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 24 PLACE PARC be worth now?

24 PLACE PARC might now be worth an estimated £468,265.

This is based on house price inflation of 28.3%, between September 2018 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 28.3% inflationary increase is applied to the most recent sale price for 24 PLACE PARC of £365,000 on 5th September 2018. For the value to have increased from £365,000 to £468,265 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 PLACE PARC has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PLACE PARC has not materially changed since September 2018.

How Large is 24 PLACE PARC?

24 PLACE PARC is 151m², which includes two extensions, according to the EPC inspection conducted in March 2018. 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 24 PLACE PARC lies on this distribution: 81% of detached houses houses are smaller than 24 PLACE PARC, and 19% of houses are larger. Note that EPC data is not available for all properties in Newquay.

24 PLACE PARC: Plot and Title Map

24 PLACE PARC sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 24 PLACE PARC, 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 24 PLACE PARC). 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 24 PLACE PARC?

24 PLACE PARC is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 24 on PLACE PARC.