8, TRETHEWEY WAY, NEWQUAY, TR7 2AD - £425,000

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 TRETHEWEY WAY is a large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £425,000 in September 2018, which was around 27% above the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

8 TRETHEWEY WAY Sold Prices

Land registry data shows three sales for 8 TRETHEWEY 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. Two of the three 8 TRETHEWEY WAY sales were for above the average price, whilst one was 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
2018 19 SEP	£425,000	£335,524	27% above HPI
2016 14 JUL	£380,000	£297,479	28% above HPI
2007 16 MAR	£260,000	£284,357	9% below HPI

8 TRETHEWEY 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 TRETHEWEY WAY sales between March 2007 and September 2018 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 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2018 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 8 TRETHEWEY WAY?

8 TRETHEWEY WAY is 143m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 8 TRETHEWEY WAY lies on this distribution: 76% of detached houses are smaller than 8 TRETHEWEY WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Newquay.

8 TRETHEWEY WAY: Plot and Title Map

8 TRETHEWEY WAY sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of 8 TRETHEWEY 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 TRETHEWEY 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 TRETHEWEY WAY?

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