REST HOUSE, HOLYWELL BAY, NEWQUAY, TR8 5PQ - £230,000

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

REST HOUSE is a large extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2007, which was around 19% below the average March 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

REST HOUSE Sold Prices

Land registry data shows two sales for REST HOUSE 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 REST HOUSE sales was for below the average price, whilst the other was 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
2007 23 MAR	£230,000	£284,357	19% below HPI
2002 12 AUG	£235,000	£171,027	37% above HPI

REST HOUSE 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 REST HOUSE sales from August 2002 and March 2007 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 August 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2007 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is REST HOUSE?

REST HOUSE is 128m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses by size in Holywell, and where REST HOUSE lies on this distribution: 63% of detached houses are smaller than REST HOUSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Holywell.

REST HOUSE: Plot and Title Map

REST HOUSE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of REST HOUSE, 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 REST HOUSE). 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 REST HOUSE?

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