71A, TRENANCE ROAD, NEWQUAY, TR7 2HL - £350,000

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.

71A TRENANCE ROAD is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £405,524. It was last sold for £350,000 in November 2020, which was around 7% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

71A TRENANCE ROAD Sold Prices

Land registry data shows three sales for 71A TRENANCE ROAD 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 71A TRENANCE ROAD 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
2020 20 NOV	£350,000	£377,366	7% below HPI
2009 20 FEB	£207,500	£255,404	19% below HPI
1998 27 FEB	£95,000	£87,350	9% above HPI

71A TRENANCE ROAD 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 71A TRENANCE ROAD sales between February 1998 and November 2020 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 February 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 71A TRENANCE ROAD be worth now?

71A TRENANCE ROAD might now be worth an estimated £405,524.

This is based on house price inflation of 15.9%, between November 2020 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 15.9% inflationary increase is applied to the most recent sale price for 71A TRENANCE ROAD of £350,000 on 20th November 2020. For the value to have increased from £350,000 to £405,524 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 71A TRENANCE ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 71A TRENANCE ROAD has not materially changed since November 2020.

How Large is 71A TRENANCE ROAD?

71A TRENANCE ROAD is 74m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 71A TRENANCE ROAD lies on this distribution: 10% of detached houses houses are smaller than 71A TRENANCE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Newquay.

71A TRENANCE ROAD: Plot and Title Map

71A TRENANCE ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 71A TRENANCE ROAD, 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 71A TRENANCE ROAD). 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 71A TRENANCE ROAD?

71A TRENANCE ROAD is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 71A on TRENANCE ROAD.