7, NORTH WAY, QUINTRELL DOWNS, NEWQUAY, TR8 4LA - £143,000

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.

7 NORTH WAY is a very small extended detached house of 47m², built sometime before 1900, which could now be worth an estimated £194,705. It was last sold for £143,000 in April 2016, which was around 54% below the average April 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was A.

7 NORTH WAY Sold Prices

Land registry data shows two sales for 7 NORTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 7 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
2016 1 APR	£143,000	£310,888	54% below HPI
2012 31 AUG	£172,000	£276,397	38% below HPI

7 NORTH WAY 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 two 7 NORTH WAY sales from August 2012 and April 2016 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 August 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2016 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 7 NORTH WAY be worth now?

7 NORTH WAY might now be worth an estimated £194,705.

This is based on house price inflation of 36.2%, between April 2016 and April 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 36.2% inflationary increase is applied to the most recent sale price for 7 NORTH WAY of £143,000 on 1st April 2016. For the value to have increased from £143,000 to £194,705 over the ten years to April 2026, the following assumptions must hold true:

• The value of 7 NORTH WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2016 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORTH WAY has not materially changed since April 2016.

How Large is 7 NORTH WAY?

7 NORTH WAY is 47m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 7 NORTH WAY lies on this distribution: 1% of detached houses houses are smaller than 7 NORTH WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Quintrell Downs.

7 NORTH WAY: Plot and Title Map

7 NORTH WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 7 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 7 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 7 NORTH WAY?

7 NORTH WAY is located in QUINTRELL DOWNS, in the TR8 postcode district. The below map shows the position of No. 7 on NORTH WAY.