2, GWEL MENGLETH, WADEBRIDGE, PL27 6UU - £290,000

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 GWEL MENGLETH is a large extended detached house of 131m², built sometime between 2003 and 2006. It was last sold for £290,000 in June 2015, which was around 2% below the average June 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 GWEL MENGLETH Sold Prices

Land registry data shows four sales for 2 GWEL MENGLETH 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 2 GWEL MENGLETH 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 30 JUN	£290,000	£296,815	2% below HPI
2014 17 NOV	£160,000	£291,705	45% below HPI
2014 2 JUL	£160,000	£281,141	43% below HPI
2002 14 JUN	£187,950	£158,774	18% above HPI

2 GWEL MENGLETH 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 2 GWEL MENGLETH sales between June 2002 and June 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 November 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 GWEL MENGLETH?

2 GWEL MENGLETH is 131m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 GWEL MENGLETH lies on this distribution: 69% of detached houses are smaller than 2 GWEL MENGLETH, and 30% of houses are larger. Note that EPC data is not available for all properties in Wadebridge.

2 GWEL MENGLETH: Plot and Title Map

2 GWEL MENGLETH sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 2 GWEL MENGLETH, 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 GWEL MENGLETH). 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 GWEL MENGLETH?

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