38, NORTH WAY, QUINTRELL DOWNS, NEWQUAY, TR8 4LA - £230,000

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.

38 NORTH WAY is a small extended semi-detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £300,911. It was last sold for £230,000 in April 2018, which was around 8% above the average April 2018 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was A.

38 NORTH WAY Sold Prices

Land registry data shows two sales for 38 NORTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. One of the two 38 NORTH WAY sales was for above the average price, whilst the other was 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
2018 27 APR	£230,000	£213,093	8% above HPI
2008 1 FEB	£186,000	£198,430	6% below HPI

38 NORTH WAY 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 two 38 NORTH WAY sales from February 2008 and April 2018 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 February 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 38 NORTH WAY be worth now?

38 NORTH WAY might now be worth an estimated £300,911.

This is based on house price inflation of 30.8%, between April 2018 and April 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 30.8% inflationary increase is applied to the most recent sale price for 38 NORTH WAY of £230,000 on 27th April 2018. For the value to have increased from £230,000 to £300,911 over the eight years to April 2026, the following assumptions must hold true:

• The value of 38 NORTH WAY has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The April 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NORTH WAY has not materially changed since April 2018.

How Large is 38 NORTH WAY?

38 NORTH WAY is 92m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of semi-detached houses houses in Quintrell Downs, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Quintrell Downs, and where 38 NORTH WAY lies on this distribution: 35% of semi-detached houses houses are smaller than 38 NORTH WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Quintrell Downs.

38 NORTH WAY: Plot and Title Map

38 NORTH WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 38 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 38 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 38 NORTH WAY?

38 NORTH WAY is located in QUINTRELL DOWNS, in the TR8 postcode district. The below map shows the position of No. 38 on NORTH WAY.