OCEAN SANDS, HOLYWELL BAY, NEWQUAY, TR8 5PQ - £455,000

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.

OCEAN SANDS is a midsized extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £636,625. It was last sold for £455,000 in November 2016, which was around 46% above the average November 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

OCEAN SANDS Sold Prices

Land registry data shows three sales for OCEAN SANDS 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. One of the three OCEAN SANDS sales was for above the average price, whilst two 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
2016 21 NOV	£455,000	£312,492	46% above HPI
2001 17 SEP	£135,000	£139,082	3% below HPI
2000 20 APR	£60,000	£109,878	45% below HPI

OCEAN SANDS 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 OCEAN SANDS sales between April 2000 and November 2016 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 September 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2016 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might OCEAN SANDS be worth now?

OCEAN SANDS might now be worth an estimated £636,625.

This is based on house price inflation of 39.9%, between November 2016 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 39.9% inflationary increase is applied to the most recent sale price for OCEAN SANDS of £455,000 on 21st November 2016. For the value to have increased from £455,000 to £636,625 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of OCEAN SANDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2016 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of OCEAN SANDS has not materially changed since November 2016.

How Large is OCEAN SANDS?

OCEAN SANDS is 127m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holywell, and where OCEAN SANDS lies on this distribution: 60% of detached houses houses are smaller than OCEAN SANDS, and 39% of houses are larger. Note that EPC data is not available for all properties in Holywell.

OCEAN SANDS: Plot and Title Map

OCEAN SANDS sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of OCEAN SANDS, 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 OCEAN SANDS). 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 OCEAN SANDS?

OCEAN SANDS is located in HOLYWELL BAY, in the TR8 postcode district. The below map shows the position of OCEAN SANDS in HOLYWELL BAY.