ELVEN, CUBERT, NEWQUAY, TR8 5PA - £540,000

ELVEN is a very large detached house of 154m², built sometime between 2003 and 2006. It was last sold for £540,000 in February 2023, which was around 21% above the average February 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was C.

ELVEN Sold Prices

Land registry data shows two sales for ELVEN 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 ELVEN sales were for above 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
2023 7 FEB	£540,000	£446,598	21% above HPI
2017 21 APR	£365,000	£311,432	17% above HPI

ELVEN 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 ELVEN sales from April 2017 and February 2023 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 April 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is ELVEN?

ELVEN is 154m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Cubert, based on EPC data. The below chart shows the distribution of detached houses by size in Cubert, and where ELVEN lies on this distribution: 84% of detached houses are smaller than ELVEN, and 16% of houses are larger. Note that EPC data is not available for all properties in Cubert.

ELVEN: Plot and Title Map

ELVEN sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of ELVEN, 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 ELVEN). 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 ELVEN?

ELVEN is located in CUBERT, in the TR8 postcode district. The below map shows the position of ELVEN in CUBERT.