3, COLVREATH ROAD, NEWQUAY, TR7 2PY - £195,000

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.

3 COLVREATH ROAD is a very small extended detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £283,013. It was last sold for £195,000 in October 2014, which was around 34% below the average October 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 COLVREATH ROAD Sold Prices

Land registry data shows five sales for 3 COLVREATH ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 3 COLVREATH ROAD 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
2014 29 OCT	£195,000	£295,316	34% below HPI
2011 29 JUL	£176,000	£272,094	35% below HPI
2005 7 MAR	£172,000	£257,165	33% below HPI
2001 1 OCT	£95,500	£141,977	33% below HPI
1999 14 SEP	£79,000	£100,296	21% below HPI

3 COLVREATH ROAD 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 five 3 COLVREATH ROAD sales between September 1999 and October 2014 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 July 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 COLVREATH ROAD be worth now?

3 COLVREATH ROAD might now be worth an estimated £283,013.

This is based on house price inflation of 45.1%, between October 2014 and May 2026, 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 45.1% inflationary increase is applied to the most recent sale price for 3 COLVREATH ROAD of £195,000 on 29th October 2014. For the value to have increased from £195,000 to £283,013 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 3 COLVREATH ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLVREATH ROAD has not materially changed since October 2014.

How Large is 3 COLVREATH ROAD?

3 COLVREATH ROAD is 83m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 3 COLVREATH ROAD lies on this distribution: 19% of detached houses houses are smaller than 3 COLVREATH ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Newquay.

3 COLVREATH ROAD: Plot and Title Map

3 COLVREATH ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 3 COLVREATH ROAD, 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 3 COLVREATH ROAD). 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 3 COLVREATH ROAD?

3 COLVREATH ROAD is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 3 on COLVREATH ROAD.