7, PLACE PARC, NEWQUAY, TR7 3HY - £400,000

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

7 PLACE PARC is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £400,000 in November 2023, which was around 9% below the average November 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

7 PLACE PARC Sold Prices

Land registry data shows three sales for 7 PLACE PARC 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 7 PLACE PARC 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 15 NOV	£400,000	£441,091	9% below HPI
2016 3 JUN	£240,000	£295,169	19% below HPI
1997 2 JUN	£75,500	£79,490	5% below HPI

7 PLACE PARC 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 7 PLACE PARC sales between June 1997 and November 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 PLACE PARC?

7 PLACE PARC is 84m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 7 PLACE PARC lies on this distribution: 21% of detached houses are smaller than 7 PLACE PARC, and 78% of houses are larger. Note that EPC data is not available for all properties in Newquay.

7 PLACE PARC: Plot and Title Map

7 PLACE PARC sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 7 PLACE PARC, 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 PLACE PARC). 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 PLACE PARC?

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