OWLS, TRENANCE, NEWQUAY, TR8 4BX - £1,700,000

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

OWLS is a very large detached house of 259m², built in 2021. It was last sold for £1,700,000 in October 2023, which was around 283% above the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

OWLS Sold Prices

Land registry data shows two sales for OWLS 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 OWLS 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
2023 25 OCT	£1,700,000	£444,397	283% above HPI
2020 30 OCT	£570,000	£364,602	56% above HPI

OWLS 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 OWLS sales from October 2020 and October 2023 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 October 2020 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2023 sale, where it rises to 283% above the HPI. The line then continues to track at 283% above the HPI.

How Large is OWLS?

OWLS is 259m² according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Trenance, based on EPC data. The below chart shows the distribution of detached houses by size in Trenance, and where OWLS lies on this distribution: 90% of detached houses are smaller than OWLS, and 10% of houses are larger. Note that EPC data is not available for all properties in Trenance.

OWLS: Plot and Title Map

OWLS sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of OWLS, 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 OWLS). 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 OWLS?

OWLS is located in TRENANCE, in the TR8 postcode district. The below map shows the position of OWLS in TRENANCE.