TRENCREEK VILLA, TRENCREEK ROAD, TRENCREEK, NEWQUAY, TR8 4NR - £106,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TRENCREEK VILLA is a very small extended detached house of 55m², built sometime between 1967 and 1975. It was last sold for £106,000 in September 2023, which was around 76% below the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

TRENCREEK VILLA Sold Prices

Land registry data shows four sales for TRENCREEK VILLA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four TRENCREEK VILLA 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
2023 28 SEP	£106,000	£445,313	76% below HPI
2023 21 APR	£105,000	£445,171	76% below HPI
2020 25 MAR	£171,000	£342,697	50% below HPI
2008 4 JAN	£118,000	£298,696	60% below HPI

TRENCREEK VILLA 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 four TRENCREEK VILLA sales between January 2008 and September 2023 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 April 2023 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the September 2023 sale, which was also at 76% below the HPI.

How Large is TRENCREEK VILLA?

TRENCREEK VILLA is 55m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 TRENCREEK VILLA lies on this distribution: 1% of detached houses are smaller than TRENCREEK VILLA, and 99% of houses are larger. Note that EPC data is not available for all properties in Newquay.

TRENCREEK VILLA: Plot and Title Map

TRENCREEK VILLA sits on a plot of roughly 0.014 of an acre, or 56m². The below map shows the location of TRENCREEK VILLA, 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 TRENCREEK VILLA). 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 TRENCREEK VILLA?

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