SEADRIFT, TRENANCE, NEWQUAY, TR8 4DA - £2,000,000

SEADRIFT is a large detached house of 222m², built sometime from 2007 onwards. It was last sold for £2,000,000 in August 2021, which was around 423% above the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

SEADRIFT Sold Prices

Land registry data shows three sales for SEADRIFT 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. All of the three SEADRIFT 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
2021 16 AUG	£2,000,000	£382,558	423% above HPI
2005 23 SEP	£330,000	£261,624	26% above HPI
2004 14 APR	£312,500	£233,419	34% above HPI

SEADRIFT 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 SEADRIFT sales between April 2004 and August 2021 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 September 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2021 sale, where it rises to 423% above the HPI. The line then continues to track at 423% above the HPI.

How Large is SEADRIFT?

SEADRIFT is 222m² according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Trenance, based on EPC data. The below chart shows the distribution of detached houses by size in Trenance, and where SEADRIFT lies on this distribution: 77% of detached houses are smaller than SEADRIFT, and 23% of houses are larger. Note that EPC data is not available for all properties in Trenance.

SEADRIFT: Plot and Title Map

SEADRIFT sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of SEADRIFT, 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 SEADRIFT). 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 SEADRIFT?

SEADRIFT is located in TRENANCE, in the TR8 postcode district. The below map shows the position of SEADRIFT in TRENANCE.