12, TWO TREES ESTATE, WADEBRIDGE, PL27 7PG - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 TWO TREES ESTATE is a midsized detached house of 109m², built sometime between 1967 and 1975. It was last sold for £270,000 in July 2015, which was around 9% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

12 TWO TREES ESTATE Sold Prices

Land registry data shows four sales for 12 TWO TREES ESTATE 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. Most of the four 12 TWO TREES ESTATE 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
2015 21 JUL	£270,000	£297,102	9% below HPI
2013 14 MAR	£125,000	£266,636	53% below HPI
1997 2 DEC	£96,000	£85,978	12% above HPI
1996 20 SEP	£70,000	£74,657	6% below HPI

12 TWO TREES ESTATE 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 12 TWO TREES ESTATE sales between September 1996 and July 2015 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 March 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 12 TWO TREES ESTATE?

12 TWO TREES ESTATE is 109m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 12 TWO TREES ESTATE lies on this distribution: 48% of detached houses are smaller than 12 TWO TREES ESTATE, and 47% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

12 TWO TREES ESTATE: Plot and Title Map

12 TWO TREES ESTATE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 12 TWO TREES ESTATE, 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 12 TWO TREES ESTATE). 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 12 TWO TREES ESTATE?

12 TWO TREES ESTATE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 12 on TWO TREES ESTATE.