51, WHEAL GOLDEN DRIVE, HOLYWELL BAY, NEWQUAY, TR8 5PE - £243,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

51 WHEAL GOLDEN DRIVE is a midsized extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £380,959. It was last sold for £243,000 in September 2011, which was around 13% below the average September 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was E.

51 WHEAL GOLDEN DRIVE Sold Prices

Land registry data shows three sales for 51 WHEAL GOLDEN DRIVE 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 51 WHEAL GOLDEN 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
2011 14 SEP	£243,000	£278,894	13% below HPI
2003 9 OCT	£205,000	£224,257	9% below HPI
1997 12 FEB	£62,000	£78,773	21% below HPI

51 WHEAL GOLDEN 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 three 51 WHEAL GOLDEN DRIVE sales between February 1997 and September 2011 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 October 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 51 WHEAL GOLDEN DRIVE be worth now?

51 WHEAL GOLDEN DRIVE might now be worth an estimated £380,959.

This is based on house price inflation of 56.8%, between September 2011 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 56.8% inflationary increase is applied to the most recent sale price for 51 WHEAL GOLDEN DRIVE of £243,000 on 14th September 2011. For the value to have increased from £243,000 to £380,959 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 51 WHEAL GOLDEN DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2011 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 51 WHEAL GOLDEN DRIVE has not materially changed since September 2011.

How Large is 51 WHEAL GOLDEN DRIVE?

51 WHEAL GOLDEN DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% 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 51 WHEAL GOLDEN DRIVE lies on this distribution: 44% of detached houses houses are smaller than 51 WHEAL GOLDEN DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Holywell.

51 WHEAL GOLDEN DRIVE: Plot and Title Map

51 WHEAL GOLDEN DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 51 WHEAL GOLDEN 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 51 WHEAL GOLDEN 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 51 WHEAL GOLDEN DRIVE?

51 WHEAL GOLDEN DRIVE is located in HOLYWELL BAY, in the TR8 postcode district. The below map shows the position of No. 51 on WHEAL GOLDEN DRIVE.