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

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

2 CLEAVE CLOSE is a large detached house of 145m², built in 2019. It was last sold for £660,000 in February 2023, which was around 49% 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	£444,241	49% above HPI
2020 27 OCT	£550,000	£364,602	51% above HPI
2019 28 JUN	£428,000	£329,773	30% 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2023 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

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 in Wadebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Wadebridge, and where 2 CLEAVE CLOSE lies on this distribution: 79% of detached houses are smaller than 2 CLEAVE CLOSE, and 20% 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.