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

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.

12 TWO TREES ESTATE is a midsized detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £391,183. It was last sold for £270,000 in July 2015, which was around 11% 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	£301,783	11% below HPI
2013 14 MAR	£125,000	£270,837	54% below HPI
1997 2 DEC	£96,000	£87,333	10% above HPI
1996 20 SEP	£70,000	£75,833	8% 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 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 12 TWO TREES ESTATE be worth now?

12 TWO TREES ESTATE might now be worth an estimated £391,183.

This is based on house price inflation of 44.9%, between July 2015 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 44.9% inflationary increase is applied to the most recent sale price for 12 TWO TREES ESTATE of £270,000 on 21st July 2015. For the value to have increased from £270,000 to £391,183 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 12 TWO TREES ESTATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TWO TREES ESTATE has not materially changed since July 2015.

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 houses in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wadebridge, and where 12 TWO TREES ESTATE lies on this distribution: 48% of detached houses 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.