4, PRAZE ROAD, NEWQUAY, TR7 3DE - £625,000

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 PRAZE ROAD is a very large extended detached house of 180m², built sometime between 1967 and 1975. It was last sold for £625,000 in September 2020, which was around 76% above the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

4 PRAZE ROAD Sold Prices

Land registry data shows three sales for 4 PRAZE 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. All of the three 4 PRAZE ROAD sales were for above 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 29 SEP	£625,000	£354,778	76% above HPI
2011 18 NOV	£340,000	£272,032	25% above HPI
1997 23 JUL	£95,000	£80,895	17% above HPI

4 PRAZE 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 4 PRAZE ROAD sales between July 1997 and September 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 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2020 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 4 PRAZE ROAD?

4 PRAZE ROAD is 180m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 4 PRAZE ROAD lies on this distribution: 89% of detached houses are smaller than 4 PRAZE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Newquay.

4 PRAZE ROAD: Plot and Title Map

4 PRAZE ROAD sits on a plot of roughly 0.264 of an acre, or 1,069m². The below map shows the location of 4 PRAZE 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 4 PRAZE 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 4 PRAZE ROAD?

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