5, THE ROCKS, RHUBARB HILL, HOLYWELL BAY, NEWQUAY, TR8 5FP - £785,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 THE ROCKS is a large detached house of 137m², which could now be worth an estimated £739,975. It was last sold for £785,000 in October 2022, which was around 69% above the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

5 THE ROCKS Sold Prices

Land registry data shows two sales for 5 THE ROCKS 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 5 THE ROCKS 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
2022 12 OCT	£785,000	£463,835	69% above HPI
2020 22 JAN	£499,500	£345,881	44% above HPI

5 THE ROCKS 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 5 THE ROCKS sales from January 2020 and October 2022 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 January 2020 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 5 THE ROCKS be worth now?

5 THE ROCKS might now be worth an estimated £739,975.

This is based on house price deflation of 5.7%, between October 2022 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% deflationary decrease is applied to the most recent sale price for 5 THE ROCKS of £785,000 on 12th October 2022. For the value to have decreased from £785,000 to £739,975 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 THE ROCKS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE ROCKS has not materially changed since October 2022.

How Large is 5 THE ROCKS?

5 THE ROCKS is 137m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holywell, and where 5 THE ROCKS lies on this distribution: 68% of detached houses houses are smaller than 5 THE ROCKS, and 32% of houses are larger. Note that EPC data is not available for all properties in Holywell.

5 THE ROCKS: Plot and Title Map

5 THE ROCKS sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 5 THE ROCKS, 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 5 THE ROCKS). 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 5 THE ROCKS?

5 THE ROCKS is located on RHUBARB HILL in HOLYWELL BAY, in the TR8 postcode district. The below map shows the position of 5 THE ROCKS on RHUBARB HILL.