4, ELM CLOSE, NEWQUAY, TR7 2LN - £350,000

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

4 ELM CLOSE is a midsized detached house of 101m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2019, which was around 6% above the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

4 ELM CLOSE Sold Prices

Land registry data shows two sales for 4 ELM CLOSE 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. One of the two 4 ELM CLOSE sales was for above the average price, whilst the other was 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
2019 30 MAY	£350,000	£329,130	6% above HPI
2004 17 DEC	£250,000	£259,018	3% below HPI

4 ELM CLOSE 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 4 ELM CLOSE sales from December 2004 and May 2019 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 December 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 4 ELM CLOSE?

4 ELM CLOSE is 101m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 4 ELM CLOSE lies on this distribution: 42% of detached houses are smaller than 4 ELM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Newquay.

4 ELM CLOSE: Plot and Title Map

4 ELM CLOSE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 4 ELM CLOSE, 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 4 ELM CLOSE). 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 4 ELM CLOSE?

4 ELM CLOSE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 4 on ELM CLOSE.