TIDES REACH, GANNEL ROAD, NEWQUAY, TR7 2AG - £950,000

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.

TIDES REACH is a very large extended detached house of 299m², built sometime between 1950 and 1966, which could now be worth an estimated £1,205,741. It was last sold for £950,000 in February 2020, which was around 176% above the average February 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

TIDES REACH Sold Prices

Land registry data shows two sales for TIDES REACH 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 TIDES REACH 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
2020 11 FEB	£950,000	£344,493	176% above HPI
2002 15 FEB	£280,000	£148,606	88% above HPI

TIDES REACH 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 TIDES REACH sales from February 2002 and February 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 February 2002 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the February 2020 sale, where it rises to 176% above the HPI. The line then continues to track at 176% above the HPI.

What might TIDES REACH be worth now?

TIDES REACH might now be worth an estimated £1,205,741.

This is based on house price inflation of 26.9%, between February 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 26.9% inflationary increase is applied to the most recent sale price for TIDES REACH of £950,000 on 11th February 2020. For the value to have increased from £950,000 to £1,205,741 over the five years to February 2025, the following assumptions must hold true:

• The value of TIDES REACH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2020 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of TIDES REACH has not materially changed since February 2020.

How Large is TIDES REACH?

TIDES REACH is 299m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 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 TIDES REACH lies on this distribution: 99% of detached houses houses are smaller than TIDES REACH, and 1% of houses are larger. Note that EPC data is not available for all properties in Newquay.

TIDES REACH: Plot and Title Map

TIDES REACH sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of TIDES REACH, 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 TIDES REACH). 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 TIDES REACH?

TIDES REACH is located on GANNEL ROAD in NEWQUAY, in the TR7 postcode district. The below map shows the position of TIDES REACH on GANNEL ROAD.