HIGH WATERS, GANNEL ROAD, NEWQUAY, TR7 2AG - £642,500

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.

HIGH WATERS is a very large extended detached house of 201m², built sometime between 2003 and 2006, which could now be worth an estimated £735,696. It was last sold for £642,500 in March 2021, which was around 68% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

HIGH WATERS Sold Prices

Land registry data shows two sales for HIGH WATERS 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 HIGH WATERS sales were for above 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
2021 19 MAR	£642,500	£381,844	68% above HPI
2005 17 NOV	£494,000	£265,882	86% above HPI

HIGH WATERS 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 HIGH WATERS sales from November 2005 and March 2021 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 November 2005 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the March 2021 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might HIGH WATERS be worth now?

HIGH WATERS might now be worth an estimated £735,696.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for HIGH WATERS of £642,500 on 19th March 2021. For the value to have increased from £642,500 to £735,696 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of HIGH WATERS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £642,500 represented a fair market value for the property.
• The size, condition, and specification of HIGH WATERS has not materially changed since March 2021.

How Large is HIGH WATERS?

HIGH WATERS is 201m², which includes three extensions, according to the EPC inspection conducted in February 2020. 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 HIGH WATERS lies on this distribution: 93% of detached houses houses are smaller than HIGH WATERS, and 7% of houses are larger. Note that EPC data is not available for all properties in Newquay.

HIGH WATERS: Plot and Title Map

HIGH WATERS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of HIGH WATERS, 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 HIGH WATERS). 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 HIGH WATERS?

HIGH WATERS is located on GANNEL ROAD in NEWQUAY, in the TR7 postcode district. The below map shows the position of HIGH WATERS on GANNEL ROAD.