8, PORTH WAY, NEWQUAY, TR7 3LP - £350,000

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

8 PORTH WAY is a large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £350,000 in March 2017, which was around 13% above the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

8 PORTH WAY Sold Prices

Land registry data shows three sales for 8 PORTH WAY 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. One of the three 8 PORTH WAY sales was for above the average price, whilst two 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
2017 16 MAR	£350,000	£309,696	13% above HPI
2011 19 JUL	£205,000	£267,873	23% below HPI
2011 4 APR	£200,000	£270,506	26% below HPI

8 PORTH WAY 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 8 PORTH WAY sales between April 2011 and March 2017 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 July 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 PORTH WAY?

8 PORTH WAY is 148m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% 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 PORTH WAY lies on this distribution: 80% of detached houses are smaller than 8 PORTH WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Newquay.

8 PORTH WAY: Plot and Title Map

8 PORTH WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 8 PORTH WAY, 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 PORTH WAY). 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 PORTH WAY?

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