OCEAN VIEW, HOLYWELL BAY, NEWQUAY, TR8 5PQ - £450,000

OCEAN VIEW is a large extended detached house of 134m², built sometime between 1900 and 1929. It was last sold for £450,000 in February 2019, which was around 34% above the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was F, and the potential energy rating was D.

OCEAN VIEW Sold Prices

Land registry data shows two sales for OCEAN VIEW 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. One of the two OCEAN VIEW 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
2019 28 FEB	£450,000	£334,777	34% above HPI
2002 31 OCT	£150,000	£180,565	17% below HPI

OCEAN VIEW 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 OCEAN VIEW sales from October 2002 and February 2019 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 October 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is OCEAN VIEW?

OCEAN VIEW is 134m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Holywell, based on EPC data. The below chart shows the distribution of detached houses by size in Holywell, and where OCEAN VIEW lies on this distribution: 66% of detached houses are smaller than OCEAN VIEW, and 34% of houses are larger. Note that EPC data is not available for all properties in Holywell.

OCEAN VIEW: Plot and Title Map

OCEAN VIEW sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of OCEAN VIEW, 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 OCEAN VIEW). 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 OCEAN VIEW?

OCEAN VIEW is located in HOLYWELL BAY, in the TR8 postcode district. The below map shows the position of OCEAN VIEW in HOLYWELL BAY.