67, PENMERE DRIVE, NEWQUAY, TR7 1NG - £285,000

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

67 PENMERE DRIVE is a large extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £438,668. It was last sold for £285,000 in April 2007, which was around 1% below the average April 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

67 PENMERE DRIVE Sold Prices

Land registry data shows four sales for 67 PENMERE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the four 67 PENMERE DRIVE sales were for below the average price, whilst one was 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
2007 30 APR	£285,000	£288,466	1% below HPI
2006 2 JUN	£239,950	£273,187	12% below HPI
2003 24 JUL	£234,000	£217,682	7% above HPI
2002 22 MAR	£150,950	£151,663	Close to HPI

67 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 four 67 PENMERE DRIVE sales between March 2002 and April 2007 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2007 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 67 PENMERE DRIVE be worth now?

67 PENMERE DRIVE might now be worth an estimated £438,668.

This is based on house price inflation of 53.9%, between April 2007 and December 2024, 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 53.9% inflationary increase is applied to the most recent sale price for 67 PENMERE DRIVE of £285,000 on 30th April 2007. For the value to have increased from £285,000 to £438,668 over the sixteen years and four months to December 2024, the following assumptions must hold true:

• The value of 67 PENMERE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2007 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 67 PENMERE DRIVE has not materially changed since April 2007.

How Large is 67 PENMERE DRIVE?

67 PENMERE DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 40% 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 67 PENMERE DRIVE lies on this distribution: 67% of detached houses houses are smaller than 67 PENMERE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Newquay.

67 PENMERE DRIVE: Plot and Title Map

67 PENMERE DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 67 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 67 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 67 PENMERE DRIVE?

67 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 67 on PENMERE DRIVE.