2, ELM CLOSE, NEWQUAY, TR7 2LN - £210,000

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.

2 ELM CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £342,601. It was last sold for £210,000 in June 2005, which was around 20% below the average June 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 ELM CLOSE Sold Prices

Land registry data shows one sale for 2 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 24 JUN	£210,000	£262,718	20% below HPI

What might 2 ELM CLOSE be worth now?

2 ELM CLOSE might now be worth an estimated £342,601.

This is based on house price inflation of 63.1%, between June 2005 and May 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 63.1% inflationary increase is applied to the most recent sale price for 2 ELM CLOSE of £210,000 on 24th June 2005. For the value to have increased from £210,000 to £342,601 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 ELM CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2005 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM CLOSE has not materially changed since June 2005.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 71m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 2 ELM CLOSE lies on this distribution: 7% of detached houses are smaller than 2 ELM CLOSE, and 92% of detached houses are larger. Note that EPC data is not available for all properties in Newquay.

2 ELM CLOSE: Plot

2 ELM CLOSE sits on a plot of roughly 0.125 of an acre, or 505m².

Where is 2 ELM CLOSE?

2 ELM CLOSE is located in NEWQUAY, in the TR7 postcode district.