38, PARC GODREVY, NEWQUAY, TR7 1TY - £235,000

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

38 PARC GODREVY is a small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £369,221. It was last sold for £235,000 in July 2012, which was around 17% below the average July 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

38 PARC GODREVY Sold Prices

Land registry data shows three sales for 38 PARC GODREVY 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. All of the three 38 PARC GODREVY 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
2012 20 JUL	£235,000	£282,597	17% below HPI
2008 28 JAN	£250,000	£303,402	18% below HPI
1995 17 NOV	£65,500	£72,366	9% below HPI

38 PARC GODREVY 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 38 PARC GODREVY sales between November 1995 and July 2012 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 January 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 38 PARC GODREVY be worth now?

38 PARC GODREVY might now be worth an estimated £369,221.

This is based on house price inflation of 57.1%, between July 2012 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 57.1% inflationary increase is applied to the most recent sale price for 38 PARC GODREVY of £235,000 on 20th July 2012. For the value to have increased from £235,000 to £369,221 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 38 PARC GODREVY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PARC GODREVY has not materially changed since July 2012.

How Large is 38 PARC GODREVY?

38 PARC GODREVY is 88m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 38 PARC GODREVY lies on this distribution: 26% of detached houses houses are smaller than 38 PARC GODREVY, and 72% of houses are larger. Note that EPC data is not available for all properties in Newquay.

38 PARC GODREVY: Plot and Title Map

38 PARC GODREVY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 38 PARC GODREVY, 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 38 PARC GODREVY). 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 38 PARC GODREVY?

38 PARC GODREVY is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 38 on PARC GODREVY.