5, BURROW DRIVE, QUINTRELL DOWNS, NEWQUAY, TR8 4WH - £290,000

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.

5 BURROW DRIVE is a very small detached house of 81m², which could now be worth an estimated £362,077. It was last sold for £290,000 in May 2020, which was around 16% below the average May 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was A.

5 BURROW DRIVE Sold Prices

Land registry data shows four sales for 5 BURROW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 5 BURROW DRIVE 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
2020 29 MAY	£290,000	£345,894	16% below HPI
2019 20 DEC	£261,000	£346,891	25% below HPI
2019 5 JUL	£310,000	£342,374	9% below HPI
2016 19 AUG	£280,000	£305,644	8% below HPI

5 BURROW DRIVE 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 four 5 BURROW DRIVE sales between August 2016 and May 2020 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 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 BURROW DRIVE be worth now?

5 BURROW DRIVE might now be worth an estimated £362,077.

This is based on house price inflation of 24.9%, between May 2020 and July 2025, 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 24.9% inflationary increase is applied to the most recent sale price for 5 BURROW DRIVE of £290,000 on 29th May 2020. For the value to have increased from £290,000 to £362,077 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 5 BURROW DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURROW DRIVE has not materially changed since May 2020.

How Large is 5 BURROW DRIVE?

5 BURROW DRIVE is 81m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Quintrell Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quintrell Downs, and where 5 BURROW DRIVE lies on this distribution: 18% of detached houses houses are smaller than 5 BURROW DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Quintrell Downs.

5 BURROW DRIVE: Plot and Title Map

5 BURROW DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 BURROW 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 5 BURROW 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 5 BURROW DRIVE?

5 BURROW DRIVE is located in QUINTRELL DOWNS, in the TR8 postcode district. The below map shows the position of No. 5 on BURROW DRIVE.