32, VEOR ROAD, NEWQUAY, TR7 3BX - £450,000

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.

32 VEOR ROAD is a midsized extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £555,306. It was last sold for £450,000 in August 2020, which was around 27% above the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

32 VEOR ROAD Sold Prices

Land registry data shows three sales for 32 VEOR ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three 32 VEOR ROAD sales was for above the average price, whilst two 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
2020 28 AUG	£450,000	£354,316	27% above HPI
2004 5 NOV	£250,000	£265,381	6% below HPI
1997 21 NOV	£82,000	£86,897	6% below HPI

32 VEOR ROAD 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 three 32 VEOR ROAD sales between November 1997 and August 2020 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 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 32 VEOR ROAD be worth now?

32 VEOR ROAD might now be worth an estimated £555,306.

This is based on house price inflation of 23.4%, between August 2020 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 23.4% inflationary increase is applied to the most recent sale price for 32 VEOR ROAD of £450,000 on 28th August 2020. For the value to have increased from £450,000 to £555,306 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 32 VEOR ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 32 VEOR ROAD has not materially changed since August 2020.

How Large is 32 VEOR ROAD?

32 VEOR ROAD is 119m², which includes two extensions, according to the EPC inspection conducted in June 2016. 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 32 VEOR ROAD lies on this distribution: 60% of detached houses houses are smaller than 32 VEOR ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Newquay.

32 VEOR ROAD: Plot and Title Map

32 VEOR ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 32 VEOR ROAD, 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 32 VEOR ROAD). 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 32 VEOR ROAD?

32 VEOR ROAD is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 32 on VEOR ROAD.