48, HILGROVE ROAD, NEWQUAY, TR7 2QT - £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

48 HILGROVE ROAD is a midsized detached house of 116m², built sometime between 1930 and 1949. It was last sold for £250,000 in June 2014, which was around 10% below the average June 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2022, where the current energy rating was F, and the potential energy rating was D.

48 HILGROVE ROAD Sold Prices

Land registry data shows two sales for 48 HILGROVE ROAD 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 48 HILGROVE ROAD 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
2014 30 JUN	£250,000	£277,730	10% below HPI
1997 28 NOV	£80,000	£85,550	6% below HPI

48 HILGROVE 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 two 48 HILGROVE ROAD sales from November 1997 and June 2014 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 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 48 HILGROVE ROAD?

48 HILGROVE ROAD is 116m² according to the EPC inspection conducted in March 2022. This puts it in the largest 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 48 HILGROVE ROAD lies on this distribution: 58% of detached houses are smaller than 48 HILGROVE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Newquay.

48 HILGROVE ROAD: Plot and Title Map

48 HILGROVE ROAD sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 48 HILGROVE 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 48 HILGROVE 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 48 HILGROVE ROAD?

48 HILGROVE ROAD is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 48 on HILGROVE ROAD.