8, BILLINGS DRIVE, NEWQUAY, TR7 2SQ - £577,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 BILLINGS DRIVE is a large detached house of 127m², built sometime between 1976 and 1982. It was last sold for £577,500 in September 2022, which was around 28% above the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

8 BILLINGS DRIVE Sold Prices

Land registry data shows four sales for 8 BILLINGS 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. The four 8 BILLINGS DRIVE sales were a mix of above the average price, and roughly equal to 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
2022 7 SEP	£577,500	£450,467	28% above HPI
2010 2 MAR	£275,000	£273,789	Close to HPI
2001 3 SEP	£145,000	£136,925	6% above HPI
1995 12 APR	£90,000	£70,415	28% above HPI

8 BILLINGS 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 8 BILLINGS DRIVE sales between April 1995 and September 2022 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 March 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8 BILLINGS DRIVE?

8 BILLINGS DRIVE is 127m² according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 8 BILLINGS DRIVE lies on this distribution: 66% of detached houses are smaller than 8 BILLINGS DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Newquay.

8 BILLINGS DRIVE: Plot and Title Map

8 BILLINGS DRIVE sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 8 BILLINGS 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 8 BILLINGS 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 8 BILLINGS DRIVE?

8 BILLINGS DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 8 on BILLINGS DRIVE.