60, PENMERE DRIVE, NEWQUAY, TR7 1NG - £566,000

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

60 PENMERE DRIVE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £566,000 in March 2023, which was around 27% above the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

60 PENMERE DRIVE Sold Prices

Land registry data shows three sales for 60 PENMERE 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. Two of the three 60 PENMERE DRIVE sales were for above the average price, whilst one was 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
2023 20 MAR	£566,000	£446,796	27% above HPI
2005 12 SEP	£243,000	£261,624	7% below HPI
1997 3 OCT	£91,000	£85,085	7% above HPI

60 PENMERE 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 60 PENMERE DRIVE sales between October 1997 and March 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 September 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 60 PENMERE DRIVE?

60 PENMERE DRIVE is 109m² according to the EPC inspection conducted in August 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 60 PENMERE DRIVE lies on this distribution: 50% of detached houses are smaller than 60 PENMERE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Newquay.

60 PENMERE DRIVE: Plot and Title Map

60 PENMERE DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 60 PENMERE 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 60 PENMERE 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 60 PENMERE DRIVE?

60 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 60 on PENMERE DRIVE.