ROSEBAY, TRENCREEK ROAD, TRENCREEK, NEWQUAY, TR8 4NP - £280,000

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.

ROSEBAY is a very small extended detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £339,722. It was last sold for £280,000 in September 2020, which was around 22% below the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was D.

ROSEBAY Sold Prices

Land registry data shows eight sales for ROSEBAY since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the eight ROSEBAY sales 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
2020 9 SEP	£280,000	£360,367	22% below HPI
2019 3 MAY	£273,000	£334,315	18% below HPI
2015 15 MAY	£195,000	£300,519	35% below HPI
2013 20 DEC	£188,000	£279,523	33% below HPI
2005 3 OCT	£164,950	£266,802	38% below HPI
2000 8 DEC	£84,000	£122,447	31% below HPI
1999 1 APR	£65,000	£94,624	31% below HPI
1995 24 APR	£51,000	£71,525	29% below HPI

ROSEBAY 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 eight ROSEBAY sales between April 1995 and September 2020 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 May 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might ROSEBAY be worth now?

ROSEBAY might now be worth an estimated £339,722.

This is based on house price inflation of 21.3%, between September 2020 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 21.3% inflationary increase is applied to the most recent sale price for ROSEBAY of £280,000 on 9th September 2020. For the value to have increased from £280,000 to £339,722 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of ROSEBAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEBAY has not materially changed since September 2020.

How Large is ROSEBAY?

ROSEBAY is 74m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where ROSEBAY lies on this distribution: 10% of detached houses houses are smaller than ROSEBAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Newquay.

ROSEBAY: Plot and Title Map

ROSEBAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of ROSEBAY, 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 ROSEBAY). 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 ROSEBAY?

ROSEBAY is located on TRENCREEK ROAD in TRENCREEK, in the TR8 postcode district. The below map shows the position of ROSEBAY on TRENCREEK ROAD.