PSAMATHE, 14A, LUSTY GLAZE ROAD, NEWQUAY, TR7 3AE - £600,000

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

PSAMATHE is a very large detached house of 218m². It was last sold for £600,000 in December 2017, which was around 85% above the average December 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was B.

PSAMATHE Sold Prices

Land registry data shows two sales for PSAMATHE 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 PSAMATHE 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
2017 15 DEC	£600,000	£323,481	85% above HPI
2016 15 APR	£208,140	£306,066	32% below HPI

PSAMATHE 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 PSAMATHE sales from April 2016 and December 2017 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2017 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is PSAMATHE?

PSAMATHE is 218m² according to the EPC inspection conducted in March 2017. 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 PSAMATHE lies on this distribution: 95% of detached houses are smaller than PSAMATHE, and 5% of houses are larger. Note that EPC data is not available for all properties in Newquay.

PSAMATHE: Plot and Title Map

PSAMATHE sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of PSAMATHE, 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 PSAMATHE). 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 PSAMATHE?

PSAMATHE is located on LUSTY GLAZE ROAD in NEWQUAY, in the TR7 postcode district. The below map shows the position of PSAMATHE on LUSTY GLAZE ROAD.