THE ORCHARD, CRANTOCK, NEWQUAY, TR8 5RA - £675,000

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

THE ORCHARD is a midsized extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £675,000 in December 2013, which was around 145% above the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD 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 THE ORCHARD 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
2013 13 DEC	£675,000	£275,187	145% above HPI
2011 20 JAN	£450,000	£281,291	60% above HPI

THE ORCHARD 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 THE ORCHARD sales from January 2011 and December 2013 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 January 2011 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2013 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 138m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 50% of detached houses in Crantock, based on EPC data. The below chart shows the distribution of detached houses by size in Crantock, and where THE ORCHARD lies on this distribution: 51% of detached houses are smaller than THE ORCHARD, and 49% of houses are larger. Note that EPC data is not available for all properties in Crantock.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.299 of an acre, or 1,210m². The below map shows the location of THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

THE ORCHARD is located in CRANTOCK, in the TR8 postcode district. The below map shows the position of THE ORCHARD in CRANTOCK.