148, MOUNT WISE, NEWQUAY, TR7 1QP - £365,000

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.

148 MOUNT WISE is a very large terraced house of 155m², built sometime between 1900 and 1929, which could now be worth an estimated £392,664. It was last sold for £365,000 in June 2021, which was around 70% above the average June 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

148 MOUNT WISE Sold Prices

Land registry data shows four sales for 148 MOUNT WISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 148 MOUNT WISE 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
2021 15 JUN	£365,000	£214,354	70% above HPI
2014 12 DEC	£242,000	£159,223	52% above HPI
2006 12 MAY	£226,000	£151,191	49% above HPI
2003 7 MAR	£159,000	£99,760	59% above HPI

148 MOUNT WISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The four 148 MOUNT WISE sales between March 2003 and June 2021 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 December 2014 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 148 MOUNT WISE be worth now?

148 MOUNT WISE might now be worth an estimated £392,664.

This is based on house price inflation of 7.6%, between June 2021 and May 2026, for terraced 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 7.6% inflationary increase is applied to the most recent sale price for 148 MOUNT WISE of £365,000 on 15th June 2021. For the value to have increased from £365,000 to £392,664 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 148 MOUNT WISE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 148 MOUNT WISE has not materially changed since June 2021.

How Large is 148 MOUNT WISE?

148 MOUNT WISE is 155m² according to the EPC inspection conducted in December 2020. This puts it in the largest 20% of terraced houses houses in Newquay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newquay, and where 148 MOUNT WISE lies on this distribution: 82% of terraced houses houses are smaller than 148 MOUNT WISE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newquay.

148 MOUNT WISE: Plot and Title Map

148 MOUNT WISE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 148 MOUNT WISE, 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 148 MOUNT WISE). 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 148 MOUNT WISE?

148 MOUNT WISE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 148 on MOUNT WISE.