LUKE HOUSE, PARKENBUTTS, NEWQUAY, TR7 3HE - £1,525,332

LUKE HOUSE is a very large extended detached house of 261m², built sometime before 1900. It was last sold for £1,525,332 in August 2017, which was around 382% above the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

LUKE HOUSE Sold Prices

Land registry data shows three sales for LUKE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three LUKE HOUSE sales was for above the average price, whilst two 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
2017 10 AUG	£1,525,332	£316,709	382% above HPI
2004 28 MAY	£220,000	£235,691	7% below HPI
2003 17 MAR	£125,000	£198,922	37% below HPI

LUKE HOUSE 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 three LUKE HOUSE sales between March 2003 and August 2017 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 May 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2017 sale, where it rises to 382% above the HPI. The line then continues to track at 382% above the HPI.

How Large is LUKE HOUSE?

LUKE HOUSE is 261m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses by size in Newquay, and where LUKE HOUSE lies on this distribution: 98% of detached houses are smaller than LUKE HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Newquay.

LUKE HOUSE: Plot and Title Map

LUKE HOUSE sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of LUKE HOUSE, 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 LUKE HOUSE). 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 LUKE HOUSE?

LUKE HOUSE is located on PARKENBUTTS in NEWQUAY, in the TR7 postcode district. The below map shows the position of LUKE HOUSE on PARKENBUTTS.