38, TRERICE DRIVE, NEWQUAY, TR7 2RL - £278,500

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

38 TRERICE DRIVE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £278,500 in September 2018, which was around 17% below the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

38 TRERICE DRIVE Sold Prices

Land registry data shows two sales for 38 TRERICE 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. Both of the two 38 TRERICE DRIVE 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
2018 28 SEP	£278,500	£335,524	17% below HPI
1995 5 MAY	£54,000	£70,746	24% below HPI

38 TRERICE 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 38 TRERICE DRIVE sales from May 1995 and September 2018 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 May 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 38 TRERICE DRIVE?

38 TRERICE DRIVE is 75m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 38 TRERICE DRIVE lies on this distribution: 11% of detached houses are smaller than 38 TRERICE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Newquay.

38 TRERICE DRIVE: Plot and Title Map

38 TRERICE DRIVE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 38 TRERICE 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 38 TRERICE 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 38 TRERICE DRIVE?

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