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

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

TIDES REACH is a very large extended detached house of 299m², built sometime between 1950 and 1966. It was last sold for £950,000 in February 2020, which was around 180% 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	£339,150	180% above HPI
2002 15 FEB	£280,000	£146,301	91% 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 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the February 2020 sale, where it rises to 180% above the HPI. The line then continues to track at 180% above the HPI.

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 in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where TIDES REACH lies on this distribution: 99% of detached 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.