39, PENMERE DRIVE, NEWQUAY, TR7 1QQ - £250,000

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

39 PENMERE DRIVE is a small semi-detached house of 85m², built sometime between 1976 and 1982. It was last sold for £250,000 in March 2016, which was around 19% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

39 PENMERE DRIVE Sold Prices

Land registry data shows four sales for 39 PENMERE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 39 PENMERE 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
2016 23 MAR	£250,000	£307,330	19% below HPI
2005 30 JUN	£242,000	£258,643	6% below HPI
2002 10 DEC	£170,000	£193,083	12% below HPI
1995 28 FEB	£59,950	£70,180	15% below HPI

39 PENMERE 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 four 39 PENMERE DRIVE sales between February 1995 and March 2016 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 June 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 39 PENMERE DRIVE?

39 PENMERE DRIVE is 85m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 39 PENMERE DRIVE lies on this distribution: 23% of detached houses are smaller than 39 PENMERE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Newquay.

39 PENMERE DRIVE: Plot and Title Map

39 PENMERE DRIVE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 39 PENMERE 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 39 PENMERE 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 39 PENMERE DRIVE?

39 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 39 on PENMERE DRIVE.