COVELAND, 1, WHIPSIDERRY CLOSE, NEWQUAY, TR7 3LZ - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

COVELAND is a very large detached house of 267m², which could now be worth an estimated £451,051. It was last sold for £300,000 in May 2007, which was around 3% above the average May 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.

COVELAND Sold Prices

Land registry data shows two sales for COVELAND 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. One of the two COVELAND sales was for above the average price, whilst the other 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
2007 22 MAY	£300,000	£290,808	3% above HPI
2005 26 APR	£233,000	£257,499	10% below HPI

COVELAND 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 COVELAND sales from April 2005 and May 2007 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 April 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2007 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might COVELAND be worth now?

COVELAND might now be worth an estimated £451,051.

This is based on house price inflation of 50.4%, between May 2007 and February 2025, 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 50.4% inflationary increase is applied to the most recent sale price for COVELAND of £300,000 on 22nd May 2007. For the value to have increased from £300,000 to £451,051 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of COVELAND has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2007 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of COVELAND has not materially changed since May 2007.

How Large is COVELAND?

COVELAND is 267m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% 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 COVELAND lies on this distribution: 98% of detached houses houses are smaller than COVELAND, and 2% of houses are larger. Note that EPC data is not available for all properties in Newquay.

COVELAND: Plot and Title Map

COVELAND sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of COVELAND, 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 COVELAND). 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 COVELAND?

COVELAND is located on WHIPSIDERRY CLOSE in NEWQUAY, in the TR7 postcode district. The below map shows the position of COVELAND on WHIPSIDERRY CLOSE.