3, PENWARTHA CLOSE, NEWQUAY, TR7 3JQ - £205,000

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

3 PENWARTHA CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £205,000 in February 2015, which was around 29% below the average February 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 PENWARTHA CLOSE Sold Prices

Land registry data shows two sales for 3 PENWARTHA CLOSE 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 3 PENWARTHA CLOSE sales were 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
2015 6 FEB	£205,000	£287,779	29% below HPI
2000 12 JUL	£83,000	£114,703	28% below HPI

3 PENWARTHA CLOSE 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 3 PENWARTHA CLOSE sales from July 2000 and February 2015 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 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 PENWARTHA CLOSE?

3 PENWARTHA CLOSE is 65m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 3 PENWARTHA CLOSE lies on this distribution: 3% of detached houses are smaller than 3 PENWARTHA CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newquay.

3 PENWARTHA CLOSE: Plot and Title Map

3 PENWARTHA CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 PENWARTHA CLOSE, 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 3 PENWARTHA CLOSE). 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 3 PENWARTHA CLOSE?

3 PENWARTHA CLOSE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 3 on PENWARTHA CLOSE.