8, EARLS RISE, NEWQUAY, TR7 2TA - £415,000

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

8 EARLS RISE is a midsized detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £397,256. It was last sold for £415,000 in October 2022, which was around 11% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

8 EARLS RISE Sold Prices

Land registry data shows two sales for 8 EARLS RISE 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 8 EARLS RISE 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
2022 20 OCT	£415,000	£463,835	11% below HPI
1999 27 AUG	£89,750	£99,651	10% below HPI

8 EARLS RISE 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 8 EARLS RISE sales from August 1999 and October 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 August 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 EARLS RISE be worth now?

8 EARLS RISE might now be worth an estimated £397,256.

This is based on house price deflation of 4.3%, between October 2022 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 4.3% deflationary decrease is applied to the most recent sale price for 8 EARLS RISE of £415,000 on 20th October 2022. For the value to have decreased from £415,000 to £397,256 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 8 EARLS RISE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 EARLS RISE has not materially changed since October 2022.

How Large is 8 EARLS RISE?

8 EARLS RISE is 102m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 8 EARLS RISE lies on this distribution: 43% of detached houses houses are smaller than 8 EARLS RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Newquay.

8 EARLS RISE: Plot and Title Map

8 EARLS RISE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 8 EARLS RISE, 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 EARLS RISE). 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 EARLS RISE?

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