28, BILLINGS DRIVE, NEWQUAY, TR7 2SQ - £465,000

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

28 BILLINGS DRIVE is a large detached house of 142m², built sometime between 1976 and 1982, which could now be worth an estimated £475,560. It was last sold for £465,000 in September 2024, which was around 7% above the average September 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

28 BILLINGS DRIVE Sold Prices

Land registry data shows two sales for 28 BILLINGS 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. One of the two 28 BILLINGS DRIVE 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
2024 25 SEP	£465,000	£434,144	7% above HPI
2009 13 NOV	£230,000	£268,155	14% below HPI

28 BILLINGS 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 28 BILLINGS DRIVE sales from November 2009 and September 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 November 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 28 BILLINGS DRIVE be worth now?

28 BILLINGS DRIVE might now be worth an estimated £475,560.

This is based on house price inflation of 2.3%, between September 2024 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 2.3% inflationary increase is applied to the most recent sale price for 28 BILLINGS DRIVE of £465,000 on 25th September 2024. For the value to have increased from £465,000 to £475,560 over the nine months to December 2024, the following assumptions must hold true:

• The value of 28 BILLINGS DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2024 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BILLINGS DRIVE has not materially changed since September 2024.

How Large is 28 BILLINGS DRIVE?

28 BILLINGS DRIVE is 142m² according to the EPC inspection conducted in March 2024. This puts it in the largest 30% 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 28 BILLINGS DRIVE lies on this distribution: 75% of detached houses houses are smaller than 28 BILLINGS DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Newquay.

28 BILLINGS DRIVE: Plot and Title Map

28 BILLINGS DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 28 BILLINGS 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 28 BILLINGS 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 28 BILLINGS DRIVE?

28 BILLINGS DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 28 on BILLINGS DRIVE.