1, GWELAVON CLOSE, WADEBRIDGE, PL27 6BE - £392,500

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.

1 GWELAVON CLOSE is a very small detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £385,702. It was last sold for £392,500 in December 2024, which was around 12% below the average December 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 GWELAVON CLOSE Sold Prices

Land registry data shows four sales for 1 GWELAVON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 1 GWELAVON CLOSE sales 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
2024 10 DEC	£392,500	£444,937	12% below HPI
2013 25 APR	£190,000	£271,558	30% below HPI
2000 31 AUG	£98,000	£119,841	18% below HPI
1998 15 MAY	£70,995	£88,982	20% below HPI

1 GWELAVON CLOSE 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 four 1 GWELAVON CLOSE sales between May 1998 and December 2024 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 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 GWELAVON CLOSE be worth now?

1 GWELAVON CLOSE might now be worth an estimated £385,702.

This is based on house price deflation of 1.7%, between December 2024 and February 2025, 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 1.7% deflationary decrease is applied to the most recent sale price for 1 GWELAVON CLOSE of £392,500 on 10th December 2024. For the value to have decreased from £392,500 to £385,702 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 1 GWELAVON CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2024 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GWELAVON CLOSE has not materially changed since December 2024.

How Large is 1 GWELAVON CLOSE?

1 GWELAVON CLOSE is 61m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadebridge, and where 1 GWELAVON CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 GWELAVON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

1 GWELAVON CLOSE: Plot and Title Map

1 GWELAVON CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 GWELAVON CLOSE, 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 1 GWELAVON CLOSE). 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 1 GWELAVON CLOSE?

1 GWELAVON CLOSE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 1 on GWELAVON CLOSE.