7, MALLORY DRIVE, NEWQUAY, TR7 3FD - £392,000

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.

7 MALLORY DRIVE is a midsized detached house of 118m², which could now be worth an estimated £383,527. It was last sold for £392,000 in May 2023, which was around 12% below the average May 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

7 MALLORY DRIVE Sold Prices

Land registry data shows two sales for 7 MALLORY DRIVE 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 7 MALLORY 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
2023 12 MAY	£392,000	£446,891	12% below HPI
2015 19 JUN	£270,000	£301,492	10% below HPI

7 MALLORY 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 two 7 MALLORY DRIVE sales from June 2015 and May 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 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 MALLORY DRIVE be worth now?

7 MALLORY DRIVE might now be worth an estimated £383,527.

This is based on house price deflation of 2.2%, between May 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 2.2% deflationary decrease is applied to the most recent sale price for 7 MALLORY DRIVE of £392,000 on 12th May 2023. For the value to have decreased from £392,000 to £383,527 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 7 MALLORY DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2023 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MALLORY DRIVE has not materially changed since May 2023.

How Large is 7 MALLORY DRIVE?

7 MALLORY DRIVE is 118m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% 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 7 MALLORY DRIVE lies on this distribution: 59% of detached houses houses are smaller than 7 MALLORY DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Newquay.

7 MALLORY DRIVE: Plot and Title Map

7 MALLORY DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 MALLORY 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 7 MALLORY 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 7 MALLORY DRIVE?

7 MALLORY DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 7 on MALLORY DRIVE.