WELLAWAY, HOLYWELL BAY, NEWQUAY, TR8 5PT - £89,000

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

WELLAWAY is a small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £89,000 in January 2000, which was around 14% below the average January 2000 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was F, and the potential energy rating was E.

WELLAWAY Sold Prices

Land registry data shows two sales for WELLAWAY 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 WELLAWAY 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
2000 5 JAN	£89,000	£103,337	14% below HPI
1997 14 NOV	£69,000	£85,550	19% below HPI

WELLAWAY 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 WELLAWAY sales from November 1997 and January 2000 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 November 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2000 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is WELLAWAY?

WELLAWAY is 78m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses by size in Holywell, and where WELLAWAY lies on this distribution: 23% of detached houses are smaller than WELLAWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Holywell.

WELLAWAY: Plot and Title Map

WELLAWAY sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of WELLAWAY, 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 WELLAWAY). 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 WELLAWAY?

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