WATERSHIP DOWN, HOLYWELL BAY, NEWQUAY, TR8 5PT - £423,500

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.

WATERSHIP DOWN is a very large detached house of 291m², built in 2021, which could now be worth an estimated £585,345. It was last sold for £423,500 in April 2017, which was around 34% above the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2022, where the current energy rating was A, and the potential energy rating was A.

WATERSHIP DOWN Sold Prices

Land registry data shows two sales for WATERSHIP DOWN 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 WATERSHIP DOWN 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
2017 28 APR	£423,500	£316,339	34% above HPI
2004 22 APR	£320,000	£237,096	35% above HPI

WATERSHIP DOWN 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 WATERSHIP DOWN sales from April 2004 and April 2017 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 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2017 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might WATERSHIP DOWN be worth now?

WATERSHIP DOWN might now be worth an estimated £585,345.

This is based on house price inflation of 38.2%, between April 2017 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 38.2% inflationary increase is applied to the most recent sale price for WATERSHIP DOWN of £423,500 on 28th April 2017. For the value to have increased from £423,500 to £585,345 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of WATERSHIP DOWN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2017 sale price of £423,500 represented a fair market value for the property.
• The size, condition, and specification of WATERSHIP DOWN has not materially changed since April 2017.

How Large is WATERSHIP DOWN?

WATERSHIP DOWN is 291m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holywell, and where WATERSHIP DOWN lies on this distribution: 98% of detached houses houses are smaller than WATERSHIP DOWN, and 2% of houses are larger. Note that EPC data is not available for all properties in Holywell.

WATERSHIP DOWN: Plot and Title Map

WATERSHIP DOWN sits on a plot of roughly 0.334 of an acre, or 1,351m². The below map shows the location of WATERSHIP DOWN, 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 WATERSHIP DOWN). 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 WATERSHIP DOWN?

WATERSHIP DOWN is located in HOLYWELL BAY, in the TR8 postcode district. The below map shows the position of WATERSHIP DOWN in HOLYWELL BAY.