2, CLEAVE CLOSE, WADEBRIDGE, PL27 6FR - £660,000

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 CLEAVE CLOSE is a large detached house of 145m², built in 2019, which could now be worth an estimated £639,511. It was last sold for £660,000 in February 2023, which was around 46% above the average February 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was A.

2 CLEAVE CLOSE Sold Prices

Land registry data shows three sales for 2 CLEAVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 2 CLEAVE CLOSE 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
2023 2 FEB	£660,000	£451,239	46% above HPI
2020 27 OCT	£550,000	£370,347	49% above HPI
2019 28 JUN	£428,000	£334,968	28% above HPI

2 CLEAVE 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 three 2 CLEAVE CLOSE sales between June 2019 and February 2023 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 October 2020 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2023 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 2 CLEAVE CLOSE be worth now?

2 CLEAVE CLOSE might now be worth an estimated £639,511.

This is based on house price deflation of 3.1%, between February 2023 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 3.1% deflationary decrease is applied to the most recent sale price for 2 CLEAVE CLOSE of £660,000 on 2nd February 2023. For the value to have decreased from £660,000 to £639,511 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 CLEAVE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2023 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CLEAVE CLOSE has not materially changed since February 2023.

How Large is 2 CLEAVE CLOSE?

2 CLEAVE CLOSE is 145m² according to the EPC inspection conducted in January 2023. This puts it in the largest 30% 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 2 CLEAVE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 CLEAVE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

2 CLEAVE CLOSE: Plot and Title Map

2 CLEAVE CLOSE sits on a plot of roughly 0.205 of an acre, or 831m². The below map shows the location of 2 CLEAVE 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 2 CLEAVE 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 2 CLEAVE CLOSE?

2 CLEAVE CLOSE is located in WADEBRIDGE, in the PL27 postcode district. The below map shows the position of No. 2 on CLEAVE CLOSE.