56, TREVEAN WAY, NEWQUAY, TR7 1TW - £1,375,000

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

56 TREVEAN WAY is a very large detached house of 185m², built sometime between 1991 and 1995, which could now be worth an estimated £1,329,531. It was last sold for £1,375,000 in April 2023, which was around 204% above the average April 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

56 TREVEAN WAY Sold Prices

Land registry data shows two sales for 56 TREVEAN WAY 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 56 TREVEAN WAY 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
2023 18 APR	£1,375,000	£452,184	204% above HPI
2017 26 JUN	£630,000	£315,997	99% above HPI

56 TREVEAN WAY 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 56 TREVEAN WAY sales from June 2017 and April 2023 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 June 2017 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the April 2023 sale, where it rises to 204% above the HPI. The line then continues to track at 204% above the HPI.

What might 56 TREVEAN WAY be worth now?

56 TREVEAN WAY might now be worth an estimated £1,329,531.

This is based on house price deflation of 3.3%, between April 2023 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 3.3% deflationary decrease is applied to the most recent sale price for 56 TREVEAN WAY of £1,375,000 on 18th April 2023. For the value to have decreased from £1,375,000 to £1,329,531 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 56 TREVEAN WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2023 sale price of £1,375,000 represented a fair market value for the property.
• The size, condition, and specification of 56 TREVEAN WAY has not materially changed since April 2023.

How Large is 56 TREVEAN WAY?

56 TREVEAN WAY is 185m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 56 TREVEAN WAY lies on this distribution: 90% of detached houses houses are smaller than 56 TREVEAN WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Newquay.

56 TREVEAN WAY: Plot and Title Map

56 TREVEAN WAY sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 56 TREVEAN WAY, 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 56 TREVEAN WAY). 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 56 TREVEAN WAY?

56 TREVEAN WAY is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 56 on TREVEAN WAY.