93, PENMERE DRIVE, NEWQUAY, TR7 1NS - £310,000

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

93 PENMERE DRIVE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £310,000 in January 2019, which was around 8% below the average January 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

93 PENMERE DRIVE Sold Prices

Land registry data shows four sales for 93 PENMERE 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. Most of the four 93 PENMERE DRIVE 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
2019 7 JAN	£310,000	£336,721	8% below HPI
2018 8 FEB	£272,000	£327,866	17% below HPI
2011 10 JUN	£244,000	£264,650	8% below HPI
1999 26 MAR	£95,500	£93,565	2% above HPI

93 PENMERE 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 93 PENMERE DRIVE sales between March 1999 and January 2019 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 93 PENMERE DRIVE?

93 PENMERE DRIVE is 116m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where 93 PENMERE DRIVE lies on this distribution: 59% of detached houses are smaller than 93 PENMERE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Newquay.

93 PENMERE DRIVE: Plot and Title Map

93 PENMERE DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 93 PENMERE 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 93 PENMERE 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 93 PENMERE DRIVE?

93 PENMERE DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 93 on PENMERE DRIVE.