RAGHEEB, HOLYWELL BAY, NEWQUAY, TR8 5PT - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RAGHEEB is a large extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £395,000 in July 2015, which was around 33% above the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

RAGHEEB Sold Prices

Land registry data shows three sales for RAGHEEB 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 RAGHEEB 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 1 JUL	£395,000	£297,102	33% above HPI
2014 21 OCT	£385,000	£290,735	32% above HPI
1999 11 MAY	£120,000	£93,617	28% above HPI

RAGHEEB 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 RAGHEEB sales between May 1999 and July 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 October 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2015 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is RAGHEEB?

RAGHEEB is 144m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses by size in Holywell, and where RAGHEEB lies on this distribution: 73% of detached houses are smaller than RAGHEEB, and 27% of houses are larger. Note that EPC data is not available for all properties in Holywell.

RAGHEEB: Plot and Title Map

RAGHEEB sits on a plot of roughly 0.264 of an acre, or 1,067m². The below map shows the location of RAGHEEB, 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 RAGHEEB). 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 RAGHEEB?

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