27, MALLORY DRIVE, NEWQUAY, TR7 3FD - £295,000

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.

27 MALLORY DRIVE is a very small semi-detached house of 74m², built in 2011, which could now be worth an estimated £288,374. It was last sold for £295,000 in July 2022, which was around 3% above the average July 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

27 MALLORY DRIVE Sold Prices

Land registry data shows three sales for 27 MALLORY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. One of the three 27 MALLORY DRIVE sales was for above the average price, whilst two 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
2022 1 JUL	£295,000	£287,749	3% above HPI
2016 18 MAR	£190,000	£202,174	6% below HPI
2014 26 NOV	£185,000	£192,794	4% below HPI

27 MALLORY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 27 MALLORY DRIVE sales between November 2014 and July 2022 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 March 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 27 MALLORY DRIVE be worth now?

27 MALLORY DRIVE might now be worth an estimated £288,374.

This is based on house price deflation of 2.2%, between July 2022 and May 2026, for semi-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 2.2% deflationary decrease is applied to the most recent sale price for 27 MALLORY DRIVE of £295,000 on 1st July 2022. For the value to have decreased from £295,000 to £288,374 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 27 MALLORY DRIVE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The July 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MALLORY DRIVE has not materially changed since July 2022.

How Large is 27 MALLORY DRIVE?

27 MALLORY DRIVE is 74m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newquay, and where 27 MALLORY DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 27 MALLORY DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Newquay.

27 MALLORY DRIVE: Plot and Title Map

27 MALLORY DRIVE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 27 MALLORY DRIVE, 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 27 MALLORY DRIVE). 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 27 MALLORY DRIVE?

27 MALLORY DRIVE is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 27 on MALLORY DRIVE.