MOORINGS, PORTH WAY, NEWQUAY, TR7 3LW - £650,000

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

MOORINGS is a very large detached house of 197m². It was last sold for £650,000 in December 2015, which was around 112% above the average December 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

MOORINGS Sold Prices

Land registry data shows three sales for MOORINGS 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. All of the three MOORINGS 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
2015 11 DEC	£650,000	£307,089	112% above HPI
2014 7 FEB	£290,000	£278,574	4% above HPI
2011 3 MAY	£312,500	£266,919	17% above HPI

MOORINGS 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 MOORINGS sales between May 2011 and December 2015 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 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2015 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is MOORINGS?

MOORINGS is 197m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where MOORINGS lies on this distribution: 92% of detached houses are smaller than MOORINGS, and 7% of houses are larger. Note that EPC data is not available for all properties in Newquay.

MOORINGS: Plot and Title Map

MOORINGS sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of MOORINGS, 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 MOORINGS). 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 MOORINGS?

MOORINGS is located on PORTH WAY in NEWQUAY, in the TR7 postcode district. The below map shows the position of MOORINGS on PORTH WAY.