3, NORTH WAY, QUINTRELL DOWNS, NEWQUAY, TR8 4LA - £113,000

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 NORTH WAY is a very small terraced house of 65m², built sometime before 1900, which could now be worth an estimated £145,139. It was last sold for £113,000 in June 2019, which was around 37% below the average June 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

3 NORTH WAY Sold Prices

Land registry data shows two sales for 3 NORTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 NORTH WAY 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
2019 21 JUN	£113,000	£178,341	37% below HPI
2002 20 DEC	£60,000	£95,890	37% below HPI

3 NORTH WAY 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 two 3 NORTH WAY sales from December 2002 and June 2019 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2019 sale, which was also at 37% below the HPI.

What might 3 NORTH WAY be worth now?

3 NORTH WAY might now be worth an estimated £145,139.

This is based on house price inflation of 28.4%, between June 2019 and April 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 28.4% inflationary increase is applied to the most recent sale price for 3 NORTH WAY of £113,000 on 21st June 2019. For the value to have increased from £113,000 to £145,139 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 3 NORTH WAY has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The June 2019 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTH WAY has not materially changed since June 2019.

How Large is 3 NORTH WAY?

3 NORTH WAY is 65m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of terraced houses houses in Quintrell Downs, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Quintrell Downs, and where 3 NORTH WAY lies on this distribution: 11% of terraced houses houses are smaller than 3 NORTH WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Quintrell Downs.

3 NORTH WAY: Plot and Title Map

3 NORTH WAY sits on a plot of roughly 0.009 of an acre, or 37m². The below map shows the location of 3 NORTH WAY, 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 NORTH WAY). 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 NORTH WAY?

3 NORTH WAY is located in QUINTRELL DOWNS, in the TR8 postcode district. The below map shows the position of No. 3 on NORTH WAY.