1, OAK TERRACE, PADSTOW, PL28 8BE - £710,000

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.

1 OAK TERRACE is a large extended detached house of 124m², built sometime before 1900, which could now be worth an estimated £891,806. It was last sold for £710,000 in March 2020, which was around 104% above the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

1 OAK TERRACE Sold Prices

Land registry data shows two sales for 1 OAK TERRACE 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. Both of the two 1 OAK TERRACE 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
2020 13 MAR	£710,000	£348,096	104% above HPI
2006 3 FEB	£410,000	£259,890	58% above HPI

1 OAK TERRACE 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 1 OAK TERRACE sales from February 2006 and March 2020 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 February 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the March 2020 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might 1 OAK TERRACE be worth now?

1 OAK TERRACE might now be worth an estimated £891,806.

This is based on house price inflation of 25.6%, between March 2020 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 25.6% inflationary increase is applied to the most recent sale price for 1 OAK TERRACE of £710,000 on 13th March 2020. For the value to have increased from £710,000 to £891,806 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 1 OAK TERRACE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2020 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAK TERRACE has not materially changed since March 2020.

How Large is 1 OAK TERRACE?

1 OAK TERRACE is 124m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses houses in Padstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Padstow, and where 1 OAK TERRACE lies on this distribution: 63% of detached houses houses are smaller than 1 OAK TERRACE, and 37% of houses are larger. Note that EPC data is not available for all properties in Padstow.

1 OAK TERRACE: Plot and Title Map

1 OAK TERRACE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 1 OAK TERRACE, 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 OAK TERRACE). 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 OAK TERRACE?

1 OAK TERRACE is located in PADSTOW, in the PL28 postcode district. The below map shows the position of No. 1 on OAK TERRACE.