3, RAWLEY LANE, NEWQUAY, TR7 2ET - £62,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RAWLEY LANE is a large detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £355,829. It was last sold for £62,500 in November 1996, which was around 19% below the average November 1996 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

3 RAWLEY LANE Sold Prices

Land registry data shows two sales for 3 RAWLEY LANE 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 RAWLEY LANE 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
1996 29 NOV	£62,500	£76,798	19% below HPI
1996 20 MAR	£39,000	£70,998	45% below HPI

3 RAWLEY LANE 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 RAWLEY LANE sales from March 1996 and November 1996 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 March 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 1996 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 RAWLEY LANE be worth now?

3 RAWLEY LANE might now be worth an estimated £355,829.

This is based on house price inflation of 469.3%, between November 1996 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 469.3% inflationary increase is applied to the most recent sale price for 3 RAWLEY LANE of £62,500 on 29th November 1996. For the value to have increased from £62,500 to £355,829 over the 29 years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 RAWLEY LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 1996 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RAWLEY LANE has not materially changed since November 1996.

How Large is 3 RAWLEY LANE?

3 RAWLEY LANE is 132m² according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 3 RAWLEY LANE lies on this distribution: 69% of detached houses houses are smaller than 3 RAWLEY LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Newquay.

3 RAWLEY LANE: Plot and Title Map

3 RAWLEY LANE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 3 RAWLEY LANE, 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 RAWLEY LANE). 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 RAWLEY LANE?

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